Not ideal having my down payment held for two years without any production but at this point I don’t want to back out. 

It's being held downtown Detroit!

Additionally, you'd like to receive some guidance and be held accountable.

Usually if the owned properties are held in an LLC they do not need to be factored into the qualifying ratios or required reserves. - The majority of commercial loans are closed in an LLC.

Local input and city planning suggest this access has been in use since the highway was built, potentially supporting a claim for a prescriptive easement.While this access previously held little value, recent developments have increased its significance.

In Cleveland most tenants have CMHA and the process is a solid 8-12 weeks from the time you submit the packet until the tenant moves in if you don't get held up doing work to pass the inspection, this might also affect your decision.  

It took close to 15+ years, but states are finally catching on that the majority of loans are no longer held by banks and by non-bank lenders who are selling them off to private equity and other non-bank funds including individuals and they are starting to hear about the shady stuff going around.Regarding straight sub-to and banks calling loans etc., this I think is longer term implosions as I am seeing people who absolutely should not be buying a home as they have no money buy them sub-to because of little down payment and will eventually lose the property and that is when many whose mortgages are still on the property come out and sue.

There are lots of millionaires in the Bay Area who weren't six figure earners and own a few properties who bought back in 2008 or way back in the 1960s and held onto them. 

They fell behind and the 1st lien LENDER filed for NOD and NTS - Notice of Trustee sale and it went to the TRUSTEE SALE X-XX-2023 where the property was SOLD to a Third Party BIDDER for $375,000I assume under this SCENARIO - the 3rd PARTY bidder who purchased the property at the Trustee Sale Auction 8-23-2023 was buying the property involving the action being BROUGHT to the TRUSTEE SALE AUCTION  by the 1st lien DOT lender and that the SUBORDINATE $101,500 2nd lien Held by HUD may have received any (some) OVER BID funds but utilmately was WIPED OUT at the Trustee sale Auction...Thus their 2nd lien Goes away...Do not believe that the SUBORDINATE DOT lien to HUD survives the Trustee Sale unless they BID to protect their juinor lien interest.

I am working on closing a sale of one of my properties which is being held up because I am being ghosted by Trophy Point.