You are in the right place to discuss this.

Tremendous response. 

I have to sell it, but guess who has to request the payoff amount from the lender….thats right, the ORIGINAL borrower.

If i hadn't tried several other things, I would have never found this one and I'd be sitting on the rental portfolio doing nothing right now. 

You have to prove you did everything right and then because of “empathy” for the poor snook who “fell into you schemes” you may lose anyway.This is a legally binding transaction that will be treated that way by the law.

Hopefully you bought right in an area with comps so they can them.

Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.

So you have some great resources right off the bat, my additional Referrals would be too many :)

You can see right through the fence.  

Well, last night he must've gone over (without telling me) grabbed his tools and left.