I also wanted to add a few security cameras outside and in the common area.

The most common we are working with and the ideal situation is something between $125k and $140k at 60LTV. 

I have a cleaning crew in to clean the common areas every other week. 

The commonality is these are policy considerations politicians in Philadelphia used for election purposes not what was best for the City of Philadelphia.

Amongst the common misconceptions I see by posters on BP are that hard money loans are junior mortgages to fill the gap between institutional financing and down payment; that it is in lieu of down payment so the borrower can acquire a property with “no money down”, and that it is money borrowed to use for an earnest money deposit.

It's not a big hit to me if both projects go to zero, but I'd still like to know what's going on given that the group has missed two reporting periods.I know that this kind of thing has been somewhat common among syndicators in the past year or two due to financial challenges but I don't think rising interest rates should have hurt these projects much.

I always knew this was a common problem in the real estate space and I was always curious as to what was the underlying issue.

Thanksbala Yes, my exact situation is a fringe one, but having vouchers change values is extremely common.

The most common portals I found in my search were: Syndication Pro, InvestNext, Groundbreaker, Investor Deal Room, Cash Flow Portal, and Juniper Square.

A common structure is either a debt arrangement (where the investor loans the money and gets a fixed return) or an equity split (where they share in the profits).