If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

I see that as being 1/10 closer to my financial freedom number.Also, when you get to a certain number of units I keep hearing the magical phrases like "creative financing." 

These are big enough to make financial sense but aren’t out of my price range while I continue to grow.

Purchased the property in 2021 on an awesome owner finance note with the intention of starting the build quickly thereafter.We had, what I thought was, a great quote in hand to throw up a pole barn and start our journey towards financial freedom with a grand slam of an investment.

Sorry to hear about this and it's definitely important to watch out for Ponzi schemes.At the same time: many syndications require an investor to sign an NDA to protect their confidential techniques, sources, customer lists etc. from competitors who could damage them otherwise.

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

Nothing completely protects you.

To conclude my overly verbose answer, you need a very knowledgable financial planner.

@Denise Holder That really depends upon the "whole picture" of their financial situation and the, Chapter 13 verdict and their physical/emotional being.

However, it's important to carefully evaluate your financial situation and future plans before making such a significant decision.