Thanks in advance. 90% cash out doesn't exist.  90% with favorable terms really doesn't exist.Not sure how you got into this situation using hard money (usually they have a tighter lid on the numbers), but regardless, sell the property and try to get out of it before the HML gets a chance to foreclose.

At least give the person a chance to do it right before going full as*hole.

The size of your tax return, whether it’s 250 pages or more, doesn’t inherently increase your chances of an audit.

My father found it just by chance and by being friendly in person.

These condo complexes have been used as STRs since inception so there's little to no chance of that ever changing in the future making this a safe investment in terms of changing regulations.

This percentage helps maintain a buffer for unexpected expenses and maximizes the chances of a profitable resale.Use Leveraging to Your AdvantageLeveraging can turn a little money into healthy cash flow and increase the potential for returns.

Plus, it's a rather high chance of bring bedbugs into a STR when buying used upholstery items.  

was this by chance the Martel program ??

If you do not have the experience you need the credit, the right deal, and the capital cause chances of you getting max terms on deal 1 are small.I try to explain this to people all the time, it's not just you the borrower, it is the deal too. 

So the seller has no illusion that the optionee is required to purchase his property, he’s merely getting some cash for giving the optionee the RIGHT to purchase within a certain timeframe - IF he chooses.I think those that are both experienced AND well capitalized have a chance to survive with either of these two scenarios, or perhaps another that complies with the new rules in effect.