We apologize for any misunderstanding that may have occurred in this regard.Lastly, we want to clarify that while your experience may have left you feeling uncertain, it's important to note that no fraud or theft occurred.

It didn't occur to me until we had lots of problems, and then I asked a friend who is a police officer. 

Many months of rates moving at most a few basis points a week morphed into dramatic, massive movements—with bigger changes sometimes happening in one day than had occurred in quarters or years prior.Real estate investors navigating the challenging market of 2024—with mortgage rates still at elevated levels—are at an advantage when they can lock in financing terms or plan purchases while DSCR loan rates are favorable.

I recently had a similar situation occur with one of my clients.

Prime Oregon beach homes are a limited asset class regardless of inventory levels and there is little to no new construction development occurring. 

For context, a sell would probably occur at around $450K.

@Carlos PtriawanExactly and in a lawsuit discovery would occur high could open the sponsor up to personal liability - especially if they mismanaged the money.Odds are GP would sue an investor who the sponsor lost all of their money would be low I would assume.

While it’s still true that he doesn’t have liability as per the lender; he may be sued by the seller or new buyer if default occurs in our current legal climate.  

I am going to try to have the current tenant this is occurring to take me to their bank so I can get the bank statements directly and be sure I am not being played again.

This is where the FHA loan will occur for my brother.