Each of these asset classes requires a deep understanding of market conditions, legal nuances, and financial structuring to avoid costly mistakes.For example, tax liens can seem like easy wins but come with complications such as redemption periods and legal challenges.

At the current scenario, without knowing anything about you or your properties I will recommend either to look at a loan from your assets using DSCR loan.

As you mentioned, it’s not really an asset.

I would encourage you to do a deeper dig on the financials and take your own skill inventory in making this important wealth impacting decision.  

For a purchase generally application would be to review an ID, asset statements, and LLC docs if neccesary. 

And, as I'm sure you know, both investors would require a 3rd party verification of assets to prove their accredited status.Let me know if this is what are asking or not.

While none of us will be getting our money back he can live well selling off the remaining assets as long as they don't shut him down.

A lot of people really undervalue the power of a few paid off assets.

Working with a CPA or financial planner can help optimize tax strategies and ensure the best approach for your goals.This post does not create a CPA-Client relationship.

Everything you need for asset management on small or medium portfolios without much frill.