A condo association can get in legal trouble and banks won't lend to prospective buyers, making it nearly impossible for you to sell your condo.

First deal of my life I'm trying to put together here.I will have a syndication of passive investors, along with myself as the sole General Partner.

In fact there are banks that excel at different types of real estate lending and that should dictate where even your real estate funding finds a home.  

We all know what basically caused the GFC it was rampant abuse of lending ..

Traditional lending for investors as well as Non-QM for Investor capital with DSCR options as well as 1st Lien HELOCS for investors.

Hello,Below is the proposed return for a syndication. 

If you have any specific questions or need a referral, happy to lend a hand! 

I realize residential financing doesn't currently allow for this and pulling money out down the road could be more complex or strictly in the commercial lending realm.Any and all feedback is appreciated!

It’s always best to double-check with your lender to understand exactly what they consider in their DTI calculation.Since you’re focusing on DTI for future loans, it could be helpful to explore asset-based lending options where your income may not weigh as heavily in the decision.

Does the insurance company feel comfortable insuring in that area, does the lender want to lend on this property... and so on.