The issue is in my market, and most other markets, the property is cash flow negative after the as high as possible LTV Refi t extract the added value.  

Our swift funding process meant there were no delays, enabling us to complete the same-day purchase and resale seamlessly and achieve rapid returns with Rod King.

t go dark must be a major pain point...unless you have several other STNL’s going strong.

@Evan T.

Everything would sell eventually, but I usually had to list it at 50%-60% of 'market value' (what it had been worth before the crash), which meant it was very important to buy it at a huge discount in the first place.Even when listing most vacant lots at a discount, the average time on the market was 6 - 9 months.

I always thought that the assumption of mortgage meant that they essentially replace me as the initial party paying off the mortgage and now they pay the monthly payments and have the title.

Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.

They likely do not have access to those easier sources of capital though because of their shady business history and practices.Good investors do not need your money or partnership. same s**t to syndicator as well, if they do lot of marketing, run away ..... chase syndicator that doesn't need new investor lol

I then attended a couple of hearings when I had the time from my day job.BTW: Attending a hearing meant I had to sit there for seeral hours, listening to several other cases, before my case was heard.

Thank you @Jay Hinrichs, I actually meant to tag you a bit ago but was working from my cellphone and wouldn’t let me find you.