Then you take over the payments of their current mortgage and the headaches of the termites, toilets, and tenants and they just get a nice fat check every month.

Generally, we buy small to medium companies, create synergies between existing investments and partnerships, restructure management teams, cut the fat and then either spin them off or hold for income.

I have read Joe Fairless’s book, Best Ever Apartment Syndication Book, 3 times now and also Gene Trowbridge’s, It’s a Whole New Business.  

You know that pigs gets fat while hogs get slaughtered.

by Gene Trowbridge can help you here.

Leave some fat on the numbers and if the appraisal comes in a bit low on the ARV, you still have a good chance of getting the financing.   

If the CEO says they will have $x of EPS and the profit centers miss some tgts, its not hard to envision a situation where they look to trim costs, risk being an attractive area since humans tend to miss weight fat tailed risk, especially in light of quantifiable certainty. 2.

Once you trim the fat off of the typical north American life you can reach your goals much more quickly.

@Mike Schoonover you are way WAY over thinking this, and forgetting; pigs get fat while hogs get slaughtered. 

dont know the details but to answer your question if the bank forecloses she gets nothing.. this is true many times, but many times it is not. if there is a lot of equity and no junior liens the owner that lost it will get a big fat overage check..