The sheriff returns your deposit if you are unable to obtain a title insurance commitment.In this case, the recorder website shows only the first mortgage - a 40 year mortgage that was in place since 1988.

I think the person who gave me your name mentioned a Facebook group you have but I was unable to find it.

Yeah unfortunately a lot of people who want to invest in CA hear the word rule in the 70% and stick to it religiously, then are unable to find any properties that meet their criteria.

Seller (bank) states that they were unable to find title company to write  title insurance because of the encroachment issue but obviously are still marketing it for sale.I am not yet under contract, but deciding on how to proceed with due diligence.

Therefor, the suit that I recently filed names both the seller and the escrow agent for breach of contract.I have been unable to find any case law outlining the specific definition of a mortgage financing contingency and whether or not “investors” (myself and partners) reluctance to do a deal constitutes a breach of a mortgage financing contingency.

Assuming that I will be unable to finance the purchase with an LLC, is there a benefit to having the checks deposited into a bank account in the name of an LLC? 

I'm unable to come to a conclusion on whether it would be more financially advantageous to keep what's there since it's not broken and increase the rents accordingly rather than add on such a project.

I lived in it for 6 years and was unable to sell it when I had to move, that's it.

Seems like I’m running into this with other lenders and am unable to get my loan amount higher, any suggestions?

Therefore, we do not have a primary residence where we can get a HELOC.We were planning to purchase a rental and take out a HELOC on it, but have been unable to find a lender willing to offer it on investment properties.