It may be too late.yup stop payment.. also for future reference if you cant pay cash for these kind of educational events don't do it.how are you going to do business if you have to charge this to even get started.. this is the very thing that really bugs me about the real estate education sector in the US>. talking people to go into credit card debt when they know full well only 10% or less of folks that try this or any kind of wholesaling / flipping/ notes / lending etc will do anything .. and especially if you have no capital.

Thanks Dennis, I think you're right that planning for a more conservative return would be a good idea.I re-ran my numbers at an even more conservative level:Lower ARV: $800,000Lower income levels (I'm assuming it will take a couple years to get up to full potential income, but giving myself 3 years was a conservative estimate):Year 1: 50k (NOI $1,000)Year 2: 80k (NOI $31,000)Year 3: 100k (NOI $51,000)My ROI numbers come out to:1% (year 1) 46% (year 2) 76% (year 3)This scenario seems like an acceptable risk to me, when the upside seems far more profitable.

My husband and his partners sold their company, and he is transitioning out of full time employment there in the next couple of months.  

Most victims of this company are now broke or worse, they are looking at the fall out of signing in full recourse loans that have been foreclosed.

That said, we rarely face that full outcome.

I have been a real estate asset manager for 19 years and can attest that we are in full swing. 

Partner Driven provided the full financial backing for the purchase and renovations, totaling $113,500.

Full speed ahead!

typically with seller finance there would be some period of monthly payments and then a balloon where you pay off the balance in full. 

However, educate yourself on how to lend correctly or partner with a full time private lending company to limit your risk.