For a proper assignment you will, for one thing, need to recite the subject property and that lien being assigned, I have never seen a draft big enough....LOLThe lien holder will have to execute the assignment agreement and endorse the instrument representing the lien, like a note.Some liens can be acquired by law, like a tax lien or paying a materials lien depending on state law.

There is also the hope that The Bellamy will expand and buy the street.I assume you can send private messages on BP but I don’t know how.

Once you get the hang of it, you can expand out from there.Once you're outside your immediate area, it doesn't really matter too much.

Are you confident that the firm will structure the offering properly to be both legally compliant and marketable?

The starting bid is in line with the proper value of the property.

Next you either wholesale it which involves marketing, finding buyers, closing...all while trying to make a modest profit.Or you could rehab and resell it which involves properly setting your budget, knowing the market to determine exact repairs/finishes to make, lining up contractors, managing your budget, managing your contractors, managing your schedule to minimize your holding costs, finding an end buyer, with 100+ other tasks mixed in.Your comment about planning is dead on.

Moved to proper forum.I think you mean that his parents actually own the home (i.e., are the "grantee" on the deed) and have a mortgage on it.

My biggest impediment to expanding my business is that I'm a major control freak, and I wouldn't be comfortable investing in locations I'm unfamiliar with.

Seems there are some good opportunities in MI, but I need cash or a creative stratagy to expand, seller financing looks a great idea but also I really like lease options but as I live out of country I don't see how I could find these deals?

I would attend both to expand your network as much as possible.