It does not have all the elements you desire, but then again you  (nor I) can't afford all the things you  (we) want, not yet.

hi kenneth. no, these are not specific to ny. these are guidelines that i followed to get the info i needed. granted, in other states, the " release of lien" or " release of mortgage" may be called something different, but the procedure is still the same. a few years ago, the feds put a limit on the number of foreclosures that a bank could put back on the market. that prompted the banks to put just those better, or more valuable houses up for sale and sit on the less than desireable ones. eventually, the banks come to the conclusion that these " junk houses" not only made their books look bad, but they were never going to get what they needed for them anyway. and, foreclosing costs even more money. so they release the lien. it gets it off their books, and takes away the liability for the house from the bank. yes, it puts it back into the owners lap free and clear, but the bank has to cut the fat somehow. so, they have to file something to release the lein, with the register of deeds or who ever it is done with in their jurisdiction. this is what you want to look for. 

She is doing that with another investor and looks to be moving desirable properties quickly with a good down payment and an above market sales price.I am going to be looking at a SFR 3/1/2 that I have a lead on through probate searching.

I have seen rents as low as 550/mo (low-end, not good neighborhoods) to anywhere from 700-1,000 for better locations or desirable school districts. 

It's in a very desirable school district & just inside a county with lower taxes.

This one allows me to adjust the 50% ratio (because I do management myself and am willing to do it for free) and allows me to adjust the desired cash flow (also not an immediate factor for me.)

The C1 will see on the docs that C2 has issued the desired payoff, they don't get to see the books of C2 with the reduction made prior to closing.

#2, renters can zero in on their desired locations much easier.The competitor that essentially forced CL to develop this feature is Padmapper.com.

I'm always willing to pay less than it may be worth, and sell for more than it's worth.Assessed Value: (the following is an educated guess) someone's, in government, best guess at value at some point in time, sometimes arms length, sometimes according to a formula, sometimes actually close to the real value, which is usually multiplied by a tax ratio that will allow the municipality to pay their expenses, pensions and equipment.....please note that both assessed value and tax rate can be changed regularly to effect the desired monies to pay for such expenses.

A few missing points are your desired involvement, available time, and taxes.Lending on flips takes very little time per deal and your return should be closer to roughly double that stated above (16%-20% annualized in Los Angeles, Utah could be more).