The agent contacted the city and they denied the responsibility at first then with push the city took the whole project on and saved the seller and buyer that cost.

If the circumstances don't match what the borrower is claiming, the loan will likely be denied.

With your sister involved and the opportunity to reinvest your portion of the proceeds, this feels like a solid option, especially if you’re in the early stages of building wealth.Congrats on tackling your first deal!

Risk Management: Be aware of the risks involved, such as unexpected renovation costs, property management challenges, or changes in the housing market.

So BP staff was very involved and integral to the success of the charity. 

Also, logically speaking, for whoever the owner/developer of the project is, they have much more risk involved and should deservedly be the ones with the profit to gain. 

The long-term strategy involves building equity, saving, considering taxes, and leveraging rental income for investments.

Hi Denis, This is great advice.

Just know the layers involved and be sure you are still able to complete due diligence on the sponsor. 

I was involved in R&D program with O.C. on "solving" a solar-on-the-roof solution that (a) worked and (b) was scalable.