Especially after doing a reverse image search on David Hausner's profile- it looks like he has set up a fake profile using a stock image: https://tineye.com/search/d70e...

Its also the right sort of thing to do to try and help someone navigate a difficult time. 

Some items might hold more weight than others, but you guys should sort through that together.You also might just do the partnership deal by deal - sometimes jumping into a partnership before you have officially worked together is NOT the best idea...

And your bank is not requiring any sort of paydown of the mortgage for a partial release. 

.: I have to disagree with Rod, sort of. 

For example, more downpayment means less interest rate regardless or whatever loan.I am trying to see what sort of action I can take right now so I can plan detailed and measured steps to my goal.

Just trying to sort out an assumption so I can plug it into the model I build and calc post-construction LTV and sale assumptions.

I also wouldnt let your mom go into 2nd position on an investment property with any sort of restructuring; it doenst sound like she's in a position to risk being wiped out.Overall, though, if you want cashflow on the new property but cant achieve that after a refi into a market rate loan, it probably makes more sense to just flip it, pay off your heloc and your mom, and use the remaining capital for the next deal.

Syndicator bought at to high a cap or caps Drop like we have seen and or as we all know sort term debt etc etc.. thats what leads to wipe outs. 

I was thinking about doing real estate sales on the side as a sort of part time hustle while I'm in school and working my w-2 but that's great to know.