Do you mean that after the signing, he wouldn't send some money?

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

If you want to spend 10% A MONTH on property management fees then yes, hire one.

The rich get richer, and like George Carlen said--it's a great big club...But given that....don't see the glass as half empty, instead see it as half full.If you want to be a big fish (accredited investor) RISK your investment money in things you think will get you to that goal.

It would really suck to lose money and also have to pay taxes. 

Or,  it also works out well to give them money to move on if you want them to exit.As far as the basic question goes though, I just went to them and said,  “Hi, we bought your property in the foreclosure auction and you have a few choices….

Property Purchase : $4.0M 1031 Exchange Money: $1.05MHe has loan approval at 25% down for the commercial property and he will be pretty close to being completely wiped out with attorney fees and other allowed 1031 expenses. 

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to discuss further. 

I recommend spending some time educating yourself on how to analyze properties to prevent you from making the same mistake again.

I would love to do one where its like speed dating you get to spend 5 minutes with each person that shows up and connect.