I sell insurance and am commission based so I would like some sort of passive income.

But you have many options based on what you've provided here.

So to call me names is just so off base but you would not have known that.

Early in 2024, Blackstone was also able to sell the Arizona Biltmore to a UK-based fund for over $1 million/key.These deals signify that, for motivated buyers, financing costs are not as important a consideration as the location or a strategic rationale to own a property in a preferred market.Borrowers of two high-profile portfolios decided to stop supporting their loans, so industry participants are assessing the likelihood of these properties trading.

Always dropping nuggets of info here and there.

We're currently based out of Las Vegas, NV and are looking forward to learning alongside everyone as our focus will be on investing in long-term rentals in both in NV and TX.

While I would love to pay less, based on my discussion with them and what they provide, I was comfortable with that.

I know I have other options like selling the notes or partialling, but this question is more focused on taking collateral based loans against the notes.

They promise to work with you past 6 months or until 3 deals are closed (which you split 50/50) whichever is earlier as long as you do 1,000 mailers per week and attend at least 1 live office hour per week but the 6 months is implied to close 3 deals based on their marketing and conversations. 

Real estate generates a return through cash flow + appreciation.It appears that cash flow is negativeAppreciation appears to be 0% over 2-3 years based on zillowThe question is what you beleive the future will hold for cash-flow and appreciation.Cash-flow will likely continue to be negativeThe question is what do you think about the appreciation for the bay area.If the property continues to stay at $850,000, it will likely not be a good decision to hold on to the property.If you think the property can appreciate to $900,000, $950,000 over a few years, then it can potentially be a good reason to hold.