I was just under the impression this was a 2 unit. 4 bd 2 bath that are all over down there and he said in the original post it was a multi unit.

Hey Cam, welcome to BP - I'm from Boston originally, happy to connect with you!

Quote from @Brandon Croucier: Well once the loan is Originated there’s no taking one out and adding another, I wouldn’t touch a blanket in that position then, there will be difficulty taking one out/penalties, definitely just suggest a cashout refi.

Lol.Since we live in Texas it doesn’t sound like a prenup is as strong as I originally thought.

They stopped making the monthly interest payment ever since June 2024 and are being investigated on charges of Ponzi Scam and are not releasing investors original deposit.

Thank you for the indepth feedback to the original poster.

@Coty LeBlanc I originally used it as a set it and forget it tool and it was better than not having I suppose, but then I really dug into training and learning and I saw 50% increase in one property and 20% in the other.

Is origination costs makes you select the Lenders?

If separate water line services for each unit weren't part of your original scope of service, then they are justified in asking for additional payment to redo the plans.

Syndicators can negotiate terms and rates that are impossible otherwise, including on portfolio terms as in that banking entity is holding/servicing the financing themselves, on there books, not originating and selling it off.