True story: I got a panicked call on a Saturday that the glass sliding door had broken the previous Friday night at some point.

It appears to be easiest and most lucrative (as opposed to assignment as the fees should be able to be larger as the "C" buyer won't know what I bought it for initially) to utilize transactional funding to acquire and have a buyer ready to close same day or next day using the same Title Company's Title and Escrow Divisions so they can see the A-B recording, allowing for the subsequent closure of the B-C.

Perhaps the decedent did some estate planning and subsequently transferred title to a family trust in order to avoid probate cost and court inconveniences.I've been dealing with reverse mortgages in foreclosure for many years.

Subsequently, he said that I can't carry a conventional mortgage with a FHA loan saying it is one of the stipulations. 

He even showed us a slide of him standing next to his Lamborghini while he was washing it.

If there was a first lien foreclosure, there will not be a 'release' recorded on any liens because these liens (the first and subsequent) are uncollectable (assuming you have a valid and enforceable foreclosure per your state laws) due to the first lien foreclosure.

We are having a little dilemma in the sense that we haven't decided if we want to cap our fund out and hold loans through maturity - or try and originate as many loans as possible, then subsequently sell them off.

Here are reasons some people do not take loans:1) Poor/mediocre credit2) Unable to take more (due to outstanding lines of credit). 3) Low appetite for risk and subsequent backup plans.4) Foreclosure, short sale, and mom & pop deals that require cash (for ease of transaction).5) Access to plenty of capital (this is a problem most wish they had).Regardless of your case, any of the above is a viable reason not to take financing.

Banks are wising up to rising values and aren't letting these just slide through anymore.  

We find most of them have a $8-$12/hr punching in numbers & they have no concept of the consequences if the data is incorrectly entered & subsequently filed.