If this is their HOME, they will fight to keep it.

SAFE act does not apply to commercial property, covers residential only.If you lend him $ you will most likely need to foreclose, and if he decides to fight the foreclosure through bankruptcy, lawsuit etc, it will get quite ugly.I'm in the lending business and would never lend money to a friend.Somehow, people who borrow money from friends don't consider it a business transaction.

Zero risk of any loans being called since there are none.2) Seller owns a property with outstanding mortgages.

Owning real estate as an investment provides individuals like yourself (who perhaps are in the upper tax brackets) outstanding tax deductions against ordinary income to begin with.

Sorry Dustin Poole , I thought we were discussing ARV percentages.Without going through the specific numbers, your format is outstanding and head and shoulders above all the “What are you waiting for?

For instance, according to the written proposal for creditors, there is at least $50M in outstanding accounts receivable owed to the Buildings, Safety Engineering and Environmental Dept (BSEED).

Not sure why this is - maybe landlords not fighting increases?

I'm being told those loans have more holes in them than swiss cheese.Anyway if you have the money you can fight this and possibly win.

Under the deed of trust the lender can pay or advance funds to pay HOA fees, insurance, taxes, etc. and make that a part of the loan outstanding.

Just from the amount of the outstanding balance it sounds like it is very unlikely you will be able to negotiate a payoff.