I can see things moving forward in two ways: 1) These individuals and entities will work with us to return monies owed back to the Company or 2) we will need to go to litigation.

We are already surrounded on three sides by urban zoned homes.My neighbors and I have been approached by two individuals, one is a neighbor who is a real estate agent, and the other one a friend of a neighbor, who works with a real estate attorney; both individuals asked us to join them in working with the 5-6 developers they have approached.

I agree—most of these individuals aren’t paying taxes and aren’t typically aiming to own the property.

A lot of this type thinking is a result of the individual having no understanding, or conception of interest, principal or “the time value of money”.  

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

I am a real estate agent who toured numerous homes on driftwood.

San Antonio offers numerous opportunities, particularly for fix-and-flip projects and rentals.

Each unit is individually owned, with some owners holding multiple units.A few things I’m trying to understand better:Pros and Cons: What are the main benefits and challenges of owning multiple units in a property like this with a condo setup?

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

We have been in contact with other individuals throughout the state and they are all saying the same thing – prices are down, time to fill units is up, and evictions are up.