Insurance policies are contracts, and insurance companies are legally obligated to only work with the contract holder.

When you give business cards to yard sales holders you go to and your 13-year-old begs you, "not to another house, Dad.  

Intention of end buyer..I'm a long-term fix and holder for the rental income, so I would be happy to accommodate any seller in the Bay Area w/ a couple months of free rent for the seller.

It just boils down to what you are trying to say is debts can be paid off quicker paying in chunks borrowing from a HELOC rather than just taking that same money and just making extra payments to principle to your current mortgage holder. 

I'm analyzing a 1st position NPL to buy for which the current note holder has started foreclosure.

Binder is non-refundable, except if lien holder does notapprove the short sale or if seller is unable to provide buyer with a clear title.5.

., option holder) is not required to perform. 

The few states like prop 13 Cali can accurately forecast accordingly otherwise for buy and holders it is as if you hope it does not appreciate or get reassessed.

The downside to this is that the investor would run the risk of losing any capital invested should any of the lien holders force foreclosure.If you could do a little more digging into the liens to see the priority of payment on these, you might get an experienced investor to take a shot by reducing the actual purchase price.

Here is the exact language from the course I'm currently working on:"Any type of business entity that engages in real estate brokerage and that is required to be required to do business in the state of Texas with the Secretary of the State is required to be licensed as a broker.This includes corporations, limited liability companies, and partnerships.A business entity that receives compensation on behalf of a license holder is required to be licensed as a broker.