They would like me to sign a new document to update this so they can sell the loan to an investor.

This is the worst sales market we have seen in well over a decade.

Purchase price: $85,000 Cash invested: $20,000 I know the numbers are not great from any point of view but this was my first deal.

I have no idea why (never had a single fraud issue), but after spending several hours going down the rabbithole of figuring why this happened, we just want a solution.Some of the other banks we are with seem to make it overly complicated to have more than a single account.Any recos?

Only 15% have sold enough to earn around $100,000 this year.

This was a perfect set up as it had a walk out basement/separate unit with 2 beds/1 bath and a kitchenette.

As a realtor, I’ve seen deals like this play out.

So I've been looking at this LIHTC stuff for a few years on and off.

I've been reading about LLC protections and many sources that seem to be reliable say that a single member LLC is useless and judges pierce the corporate veil on these all the time.

She was overwhelmed and needed help, so we stepped in to take care of everything for her.What made this deal different was the level of support we provided.