I suspect an in-law in Mission is impacted the same fashion.....DONT invest OOS ever.......Happy new year, and wish you a much better 2021....

Even carpet and vinyl flooring will wear out over a long enough time; consider yourself lucky if you have only had one tenant in a unit that is there long enough to have worn out the flooring in a normal fashion. 

In a similar fashion, if you can imagine how much landscaping and underground infrastructure is in a golf course as compared to the clubhouse, that will give an indication of why an extremely high percentage of the property's value is allocated to the land improvements.

In a similar fashion, if you can imagine how much landscaping and underground infrastructure is in a golf course as compared to the clubhouse, that will give an indication of why an extremely high percentage of the property's value is allocated to the land improvements.

Your CC company has a significant amount of legal firepower behind them and wants to keep their customers happy so as long as you file the requested documents in a timely fashion they are likely to side with you if there is any doubt.

Good old fashioned hard work and patience will get you your next house. 

It's all about preservation of wealth and assessing risks that meet your tolerance levels.Be sure to do your homework on the Sponsor (Investor/Developer) as well as the Deal itself prior to funding the deal.Finally, there are some arrangements related to money lending as follows:Debt Only, Debt+Equity and Equity OnlyYou will want to research each arrangement as it's related to your Taxes, Estate Planning, Return Expectations, Risk Tolerance, etc. and choose the best fit(s).You should also have a Team around you like: CPA, Attorney, Mortgage Banker, Real Estate Agent and General Contractor to name a few to assist you in Underwriting the Deal and executing the loan in a fashion best suited to you and your overall wealth generation needs.My suggestion is that you play in the other 3 levels of Real Estate Investing before you venture into the 4th Level.

It seems like a daunting task to line up a wholesale deal when they're being sold off in that fashion.

So long as that other party is not a disqualified party to your Solo 401(k), you can joint venture in any fashion that makes sense for the transaction.  

Having an old fashioned barn raising or in this case "roof raising" with friends and family members , church members .