Equity is splitted but if property is ever sold yoy get downpayment back + equity

Since condos need two types of insurance and many of the largest US companies pulled out, the cost tripled and with less coverage.

i see this has been stale for 2 months. did you ever find anyone and close the deal?

for non commercial residential I saw a study indicating that 97 out of 100 largest cities that it is initially cheaper to rent than owner occupy purchase.  

I am close with several wholesalers, who are the hardest working people I have ever met.

@Dennis O'Loughlinthe bottom line is that it's not cash - there are strings attached.i personally would never, ever sign up for something like that. 

Stuart I have been with my commercial banker now since 1993.. started with a little 100k  LOC to buy timber and within 8 years I was the largest borrower at that bank at about 15 mil.. ( small community bank)  but we fought through the GFC together I had to start over and my banker kept one last  1mil LOC open for me so I could operate and since those dark says of 2010 he has gone on to fund 5 subdivisions for me  300 plus homes and 100 plus million in loans and this is based on relationship 100%..

The worst PM imitation I ever had the misfortune of employing

Hi @Shari Azama - thanks for all that info and congrats on your first ever real estate purchase!

So many amateur landlords make big mistakes that cost them far more than a professional PM ever would.3.