Jordan, there are a thousand ways or combinations to approach such projects, often under syndication, with tax credits granted, can be in a REIT or other structures, sole owners, affiliates and subsidiaries may be involved.

You are applying income numbers with the commercial approach to a duplex.

When I brought it up, she said that Hard Money Lenders are virtually non-existent now.

Your name brought back some memory.

Shortsale is possible but given that it takes 6-12 months to do a shortsale, the 90 day-period prior to auction is too short.John approached me about his hedge fund that can buy notes - "one offs" - meaning one note at a time versus in bulk - provided the unpaid balance is $600K and above (or a jumbo loan).The idea here is get the hedge fund to buy the note at a discount and then I can buy the note from the hedge fund.

I'll be writing an article soon about my preferred multifamily tactic: (The 3R Approach - Rehab, Rent, Refi).

This was brought to me so i checked the numbers and last 5 years of income on the hotel.

Rather odd %, I wouldn't think much of it, if the policy was 25% or more I may not say a word about it, I'd be looking at the entire picture and I may ask what their function was in the syndication, any management functions or just a capital contribution that brought them to that interest, simply joining for a return on their investment.

@Dana Hanna - interesting approach to target the retirement folks.

There is so many possibilities with this property I don't know how to approach it.