All of which nothing will help him because the loan is still in his name. 

Utilize financial analysis and market research to make informed investment decisions.

Once again, I had to ask my family for financial support—a daunting task after the first loss.

I'm not sure if that would bring in enough money but it would certainly make things easier financially speaking while you built up your real estate portfolio. 

For example because New York is a generally more expenisve market, you have larger loan buy downs, bigger dollar appreciation, etc.

We continue to see slight upticks in defaulted loans and loans in bankruptcy.

Hi Stacie, Have you looked inot DSCR loans?

Here’s the bottom line; unless the deal is VERY large, or the sponsor is going to syndicate a large number of deals, the investor will make more money purchasing the property theirselves with a option low to moderate interest rate loan.  

If the loan was fully funded at closing and since then the loan is in an interest-only payment period, these numbers would equal. 

Prioritize your financial stability.