Pooling resources with others is one way to increase your buying power (and potential returns) and is something I am seeing more and more of in my day to day given the mutual tax benefits that can be shared and the high price to entry for housing rn. 

Maybe commit the refinance funds to buying another property at a much rate of return than the loan and your partner will see the benefit in refinancing? 

I provide EMD and transactional Funding.

I recently funded a wholesaler's purchase for a fee.

Use the 20k to help fund your first property!!

Good morning John, Thank you for Having me and welcoming me.I have been studying those strategies and i love to work in Buy and hold, and short term rentalsRight now i am starting out and dont have the cash to fund my own investment so am currently looking for partnership, taking a role in property management or sweat Equity until i have a foot on the groundI Would love to here your thoughts and advices you have for meThank you for replying, means alot 

I am looking to connect with anyone with experience to find information and expand my network for mutual growth.

@Barrie HasselbalchYou could reach out to a tax attorney but with it being a decade ago I think he is going to be out of luck getting it reversedYou could have him execute a power of attorney to have someone act on his behalf while incarcerated and they could try and chase down the funds

Use your bonus strategically by renovating, investing in a sinking fund, or paying down the mortgage.

Yes, I can fund their EMD, but I also offer to help them find buyers.