Quote from @Henry Clark: Cash is king- means I have to provide all of the cash.Cash is King- I make offers not subject to financing.  

Seeking information/guidance/opinions on the subject.

I've provided a link below to get you started on the subject matter (if applicable). 

Be careful they can be very persuasive and before you know it are taking out a second mortgage to pay for the same education you could have got for free.  

@Brad Kanouse,If you take a distribution from an IRA - it will be subject to taxes and penalties.You can convert your IRA into a "Self-directed IRA" and have the IRA buy the property, in this case you are not the owner, the IRA is.

Some local jurisdictions have harsher rent control and it can cost more in those jurisdictions.good luck  If it is in the city of Los Angeles, most MFU are subject to rent control.

“Overpriced to begin with” is subjective, and before the phenomenon I’m describing it was all up, up, up.

Other cases- hazard insurance was not renewing or placing high subject to repairs/improvements to maintain or the market cap of my commercial apts was rising as fast as interest rates like in '22. 

Does the common equity know about this capital (if not, do you want to invest and then have the sponsor subject to investor lawsuits because it wasn't disclosed)?

For you, it will likely be business income / ordinary income(non portfolio) where it will be deemed active / passive depending on your level of participation.There are some court cases out there where people who originate 4 or more loans in a year are moreso deemed in the trade or business of lending money.It will depend on the original poster's taxaccountant to determine how he/she will treat the income.The one con of it being business income is that it may be subject to self-employment taxes.