Found a property and whom I assumed was owner but after speaking with him.

If he has a badge he is entitled to enter your premise.

He downplays REITs so I'm pretty sure he's still offering deal specific opportunities to his investor network.I've heard him speak on deal splits and it's fundamentally similar to a syndication model.

As Master Yoda would say - strange this story is.Now, generally speaking, your dilemma is real.

I can't speak for the lender.

@Brian Harlow I suggest you speak with a CPA to guide you in tax law and what you may face if selling the Phoenix home and not buying another one.

The main downside of this is that you will start accruing interest from day one of the loan, versus a HELOC that will only accrue interest when you make your draw(s).2) I would suggest speaking with your accountant and/or attorney. 3) I wouldn't be very excited about a $200K house that is going to yield $1,200 - $1,400 per month.

Since SSA is actuarially neutral, there's no reason to delay entitlement, especially since it'll only pay ~75% of current benefit ~2032, if not reformed.While this seems to eliminate flips, thought I'd test the waters here for ideas on how to keep flipping with compensation, without triggering trouble.

I have this weekend to do my homework before speaking with an attorney on Monday.

Thanks for your time and I hope to speak with you very soon!