You can't resolve the issue unless you pay off the loan, the bank sends the property into foreclosure and your original seller sues you for breach of contract and ruining his credit. 

In retrospect I probably should have kept my original one in my name.

The PM dropped the ball by not doing more to control the situation.To answer Jordan's original question:Do you think that is fair - to be forced to pay for your manager's mistake?

Many investors switch over to these loans once they have a few properties (typically 5 on average, but you are right there in the typical fashion for property number 4)Check out these series of articles on the loan topic published on BP as well for all you need to know about this option!

Originally posted by @Mike Lambert:@Jon Latorre$100k+ sounds nice but it's not the same return whether the property costs $2 million or $5 million.My question was what is the typical rental yield range?

. :) You don’t have to make assumptions or a comment that I am “making excuses” to not help myself when I am trying to help myself by posting my original forum.

My markup is always lower than the original lender's because I don't spend money advertising during the Super Bowl, my president doesn't have a corporate jet, and we don't have layers of management we need to pay.

There's quite a bit of history with this property management company:1) They failed to notify me when the original tenant stopped paying rent in early 2023.

I purchased a FIRST LIEN Purchase Money Mortgage that foreclosed, originally from 2006.

Originally posted by @Eric Mayer: Not sure how much Marijuana you have been around, but some smells terrible and all of that can happen without smoking it inside.