We will fund this internally for our fund and take an assignment of the security instrument and endorsement of the promissory Note. 

Texas is a community property - Primary Security Instruments: Deed of Trust, Mortgage- Timeline: Typically 60 days- Right of Redemption: No- Deficiency Judgments Allowed: YesIn Texas, lenders may foreclose on deeds of trusts or mortgages in default using either a judicialor non-judicial foreclosure process.Non-Judicial ForeclosureThe non-judicial process of foreclosure is used when a power of sale clause exists in a mortgage or deed of trust.

Let me explain.Stocks in the inception as a financial instrument was a way for the common man to own a stake in a company.

This chapter does not apply to:(1) the sale, lease, or rental of real estate by an unlicensed owner of real estate who owns any interest in the real estate if the interest being sold, leased, or rented is identical to the owner’s legal interest;(2) an attorney at law acting within the scope of his duties involved in the legal representation of a client/owner;(3) agencies and instrumentalities of the state or federal government and their employees acting within the scope of their official duties;(4) foresters registered under Chapter 27, Title 48, if the sale of any land is merely incidental to the sale of timber on the land; or(5) court-appointed receivers and trustees while acting within the scope of their appointment.

Problem is only "RE pros" get to do it.There are 3 income classifications in the US - Active, Portfolio, and PassiveActive income is income derived from your job, or normal trade or business.Portfolio income is derived from bank instruments - stocks, bonds, etc.Passive income is income earned from investments.Active losses can wipe out both passive and portfolio income, but it doesn't work the other way around.Portfolio (capital) losses are limited to $3,000 annually.Passive losses can only be offset by passive gains.Real estate rental income by its nature is deemed passive per IRC Sec 469One way to get around it is to become a pro - spend more than 750 hours or 1/2 your time in real estate.But most folks aren't real estate pros.

DISCOLOSURE: the below is OPINION and does NOT equate to financial or investing advice nor does it equate to any form of brokering advice or relationship in any way, investing is risky, most people loose money in the stock market, options are complex instruments where most people loose most money, invest at your own risk, this is all person opinion NOT advice, agency, advisory in any way shape or form, all the disclosures...... 

We will fund this internally for our fund and take an assignment of the security instrument and endorsement of the promissory Note.

Title companies can refuse to insure certain instruments or methods of holding title. 

For purposes of this Section 19 only, "Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract, or escrow agreement, the intent of which is the transfer of title by Borrower to a purchaser at a future date.If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument.

Their podcast and book have been instrumental in shaping my knowledge base.