Finally, there's the moral issue. 

So much for affordable housing.Anyways, enough of my rant on the politics here in CA, the moral of this post is to look at the facts, not just opinions.

They may have some morals and require that you disclose to the seller what the true buyer is paying or that you may need to have a RE license if you arrange a sale in expectation of a fee.Then again equitable interest is NOT ownership, so they may need a valid listing from a seller to market the property.But hey, as long as you can make a skim I guess it's OK.

Honestly, I think your RE Commission should be able to tell you, but that's the legal, moral, and ethical process as I understand it.

Morales

Thanks for posting this and the stats@Brian Burke is great too as I am a little guy that was able to do my first syndication with him last year and his company and morals are great.  

I often run into new investors who are in the same exact predicament as you are!

I hope to never have to evict anyone (for both moral and financial reasons) but good to know that + PM terms. 

Moral of the story, you should have a great passion for your 9-to-5 or for your primary vocation.

@Ebi AmiriYou just need to stay on then but I would disagree (and don’t want to sound like a jerk but) they are not ruining your chance to refinance as they are not the ones who put you in the predicament.