I'd ensure to get everything in writing signed.I am curious who was the primary lease holder at the time you have been screening?

And, what's even stranger, is the 2nd lien holder is "allegedly" a general contractor according to the seller, but the name on the title report of the 2nd lien holder is another title company.  

Than bag holders holding out on hopeium.

Unlike traditional real estate, buying notes lets you be the bank — and you can often pick them up at a discount.One thing I’ve noticed: a lot of note holders don’t even realize they can sell their notes before maturity, which opens up opportunities for both sides of the table.Curious to hear from this community:➡️ Are you currently investing in notes or sticking with physical properties?

- will the lien holder require an actual ASSUMPTION, or will they allow a subject to transaction?

"Subject To" becomes a place holder, not a permanent financing.That doesn't always work out though, we just did a "Subject To" where we put $16,000 toward the foreclosure and $10,000 cash to the seller, but it was taken to sale anyway.

This isn’t about being aggressive—it’s about protecting our investors and keeping the process moving.We get calls all the time from note holders sitting on delinquent loans, unsure what to do, and often months behind on action.

You buy the note from the note holder and bid full payoff is the best way to secure the property- of course buying a note is not easy and you don't get to really pick a property - you also have no idea what interior looks like 

In general, bookings usually stay with the listing holder (often the PM), not the property owner, but it really depends on how the original agreement was structured.

Is it a simple miss by the note holder, or have they been in active pursuit of the owner.What's the discount on the note and what is current value of home.