They do have a very awesome app called Deal Driven which is an extremely awesome marketing - organizing - information and skip tracing tool.

Private interval funds generally target 15-20% of their allocation to short term investments or reits so they can satisfy investor redemptions after a shorter lockup (usually 2-3yrs), of course this may create a cash drag on returns if not managed appropriately.

That satisfies the requirement that the seller and buyer be the same for your 1031s.Once you own the property as tenants in common you can either form an LLC and contribute the property into the LLC in exchange for membership interests respective to the amount you are contributing. 

That's an extremely rare opportunity though. 

To put it nicely, I would proceed with extreme extreme caution, if I were in your shoes. 

I think this is extreme price gouging, especially since we did not agree to pay that kind of money and if he was expecting that kind of money, he should not have awaited to the very end to tell us.  

ANDERSON BUSINESS ADVISORS has been extremely dissapointing.

You seem extremely confident in your initial claims, take me up on it.Either way, I do appreciate the honest feed back on my posts from both of you, I understand that NY is one of the hardest markets to succeed in, but I am a firm believer in the Stockdale Paradox (Jim Collins, Good to Great).Best,-JonThis wasn't a back and forth.

I'm opening my second home and find them extremely rewarding but think I may stop at these two because I am extremely involved in them and am spreading myself too thin I think. 

Talk is cheap.So my last purchase (Dec 2031) was the extreme negative cash flow.