My concern is My Attorney states if the organization does not dissolve it self we can not proceed with the sale.

If they push back or charge you for a simple underwriting breakdown I would proceed with caution.  

We need to verify this is truly a flip transaction and all those documents once reviewed by our quality review department will indicate if the property is truly a flip and how we proceed.

Now the cool part, loan proceeds are not taxable.

Matthew ButtnerI think many of the members here have some valid point and good ideas about how to proceed to think about this form a different mindset.

Our neighbor, a plumber, proceeded to shut off the valve to their sewage, at the high point of the summer camping season.  

Cash flow received today is worth it's face value, however you would need to discount the cashflow at a certain rate for future years plus the proceeds from the sale. 

Stop bashing honest people who are finding people in distressed situations and helping them out when nobody else can or will.

Study your state codes so that in the future you know how to proceed in any situation.You will probably be better off getting rid of this tenant if he is this irresponsible.Call his mommy back and tell her you are going to evict him.

He is moving and wants to reinvest the proceeds In another property, not yet identified, using a 1031 exchange.