Bad customer service (from the partners), unprofessional client information management, ridiculously long underwriting, and I’ll add this..a low-key throwing of their loan officer under the bus for information “he did not know” or “must have been mistaken” about.

You can also check their reviews online at Google, Facebook, or Yelp.

My question for this group of knowledgeable folks:- how does entity swap work ?

Find out if they can gift you the land.

This is a sale for me.

And we have an ownership in all of the communities we operate, so that is incorrect information.

They stopped paying the lender and wanted to work something out with the lender but the time is running out (ie the management company did not do any significant improvement during the forbearance period) One of the LP just emailed me and said we need to raise 65k to enlist help from this company.

it is not 2016 anymore.I agree with most of this, Nicholas.

My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?

Check your numbers!