Honesty and transparency is simply a profitable, long term strategy to build sustainable source of income and not end up with huge fines or, worst of all, in jail. 

Remember in Life and Real Estate you can either "Win or you can Learn."

Hi, the lender will likely not know what his entitlement is at this time, if the loan has been in place, the entit. will be in the loan origination package which is now in the repository, the loan file will simply show the amount of guarantee.You can figure it though if you know the beginning LTV of his loan, and VAs go up to 100%.

My verdict: it could be a winning play given your equity and potential upside, but carefully weigh the pros and cons.Crunch the numbers: Factor in all expenses, potential vacancy rates, management costs, and ensure the cash flow covers your mortgage and leaves you with enough buffer.Consider alternative Bay Area locations: Maybe there are suburbs with less pressure on prices but still good rental potential and appreciation prospects.Don't rule out the single-family option: If the numbers work and you value the lifestyle, don't discount it entirely.

We are simply trying to grow our business. 

If the seller chooses to stay with me and sell, then I'll pay the agent a strong referral fee.It's a win-win-win for the referring agent, which gets me a lot of business.

If you treat them simply as operating expenses then you. get to deduct them entirely in the year they occur. 

You can simply Google or lookup ClosedByMo on social media to read through my reviews. 

If you get a single or primary point of contact, call that a win and count yourself lucky. 

I've never entered into a real estate partnership and would like to make it a win win for everyone involved.