Assumptions made about the contractor being a deadbeat are reasonable to consider, but again, remaining lost in the thread, is the fact that a banker I work with now, who used to be at BofA - for many years, indicated this is standard and common practice, to hold and stall on releasing funds as long as possible.

No lenders going to do your loan knowing that you plan to cash-out refi the max LTV to defer taxes and then go and pay taxes on the remaining profit, because that would result in the lender getting an early pay off within 6 months.

Once you have all of that sorted it is time to let both of them reapply to remain in the unit.Residency is a privilege.

By embracing innovation, fostering collaboration, and remaining adaptable in the face of adversity, we can overcome the challenges of today and build a brighter future for our communities.

Unless the withdrawing member's ownership interest was sold, it shall be transferred to the remaining Member(s) in the Company at the same ownership interest percentage ratio that exists at the time of withdrawal.

Here are the key points:Reasons to participate in the capital call:It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.The operating agreement likely outlines the terms of the capital call that LPs agreed to2.Reasons to be cautious about participating:Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.Other important points:LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals.

Can I use Solo 401(k) as source of funds to pay 25% down and leverage debt for remaining principal amount to purchase a duplex that I will owner occupy and rent the other unit?  

Push remaining small debris into trip/grease pan.5.

In this deal, I remained committed to upholding my standard realtor duties and due diligence process, despite the unique circumstances of a judicial sale.

I remain confused - are you a CPA?