Do you need to refinance quickly to avoid a balloon payment or other financial pressure?

Lucas, I respect your willingness to step up and take on property management, but I want to strongly caution you (and your friend) about the risks of managing a multifamily property without experience, certifications, or financial investment in the deal.

You have prepared financials, and can learn about the strategy and performance of the properties based on many years of combined knowledge that the syndication has, in this case Ashcroft.

Look back and evaluate good moves, bad moves.

I believe that to become financially independent, I need to be done paying for these in 10-15 years.Full details are below...by here is the elevator pitch...4 properties with an expected ARV of 360K (Appraisals should be back in 2 weeks).

The financial of property is good:      DSCR = 1.3; LTV = 45%;Both my liquidity and net worth passes Chase's test.

There has been research done on the topic and it’s just a common theme found from analyzing financial habits of wealthy individuals.   

Quote from @Rana Zaheer: Quote from @Magnus Wikström: Hi James,I'm a foreign investor with a background in the European real estate finance industry, mostly for institutional sized deals, debt & equity / JV.I was overwhelmed by arriving to the US financial landscape and the opportunity it provides.

Our reporting includes all types of financials and as much transparency as possible. 

Hi i have been trying them and a little rocky in the beginning but Ai seems to be working, ill let you know how it works as the numbers financially get populated