You could point out that since it's a rental for the last 12 years, she will have some serious capital gains to pay with a regular bank-financed sale, and with your proposal, that tax will only come due after the balloon payment. 

I'm collecting more evidence from this lender and already connecting even more incriminating evidence and adding on more charges to these guys.If you or someone you know has EVER worked with any of these names, please reach out to me incase what you have might seriously help out my case and save other lenders, other attorneys, other regular people etc from being screwed. 

I know I am late, but I figured I would update.

I Have an update on this.

If you buy a regular deal with a regular down payment in a regular neighborhood, you'll probably lose money in the short term and be cash flow negative. 

There are three items required to make a successful partnership - Time, Experience, Capital.If you are a syndicator, you are likely expected to have time and experience.There is a lot that goes into being a competent syndicator - Proper communications, finding a good deal, communicating quarterly updates, networking with lenders, contractors, PM companies.You can gain experience by doing your own deals or working for someone who does(Ideally both).I personally think you should cement your experience before worrying about OPM.Best of luck

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Updates of heating, adding cooling, and electrical.

A few updates that didn't fit into the above post:The attorney who handled our closing offered to assist the sellers pro-bono in an effort to recover some of the equity.

The updated property sold for $121,000 on 11/8/2024.