I'm not sure what motivation the poster had in encouraging you to attempt a simultaneous exchange without sufficient knowledge of the law or at least encouraging you to have professional representation but it's bad advice.   

I prefer to do it over them phone or in person-you can learn so much from tone of voice and body language.

Have they ever been sanctioned or issued a cease & desist by any regulatory body or the SEC?  

I'm in the planning stages right now and trying to map out what i'm going to attempt to execute over the next 12 months to make this a reality. 

This particular part of the calculation is really confusing and I actually found an older attempting an explanation, but it doesn't make any sense either. 

Hi BP members,As I am new to this site and attempting to suck up as much information as I can, I had a quick question!

I have made several attempts to contact tenant to resign a new lease or discuss situation.  

. - Total Down: $20,000> A mortgage for $102,000 @ 5% over 30 years , meaning a monthly PITI of about $800> 2 Duplexes (4-plex) with total monthly income of $2,400 *these numbers are somewhat irrelevant to the question, but is just an attempt at giving real world data*The question is: with the acquisition of another mortgage, what are the upsides and downsides of acquiring a secured personal loan as well?

Look for a level playing field instead of attempting Mt.

It's not, pretending otherwise is pure hypocrisy and a misguided attempt to stick to an untenable position in this circumstance.The fact of the matter is, the seller is happy and got exactly what they asked for.