If they are a crime victim they should also go to their local police department's financial crimes unit, contact financial crimes where the fraud is based and call or go into their local FBI office and ask to speak to the duty agent. 

Lol developers normally can tie up dirt based on reputation in the area.. and like I said substantial non refundable EM in the 6 figure range..

We've a track record to share and a story to tell as we market our "new" resort to a large & generally untapped upscale customer base throughout Texas as well as both nationwide and internationally.

Just look at whether the increase in payment would be beneficial based on what you are going to do with the money.

Hey @Jackie Mcmorrow - I'm a broker and investor based in NYC, I've done deals in Westchester and can talk about whether or not co-ops make sense for you. 

The equity and profit would all be split based on money put into the deal, so I would have 20% equity and would be entitled to 20% off the net profit.Here is my issue: both of them are pretty set on holding the property free and clear (10+ years) because their primary goal is solid cash flow and secondary income to their businesses which can be seasonal.

Based on my research, it seems I should be expecting negative cash flow here.

Your taxable gain (based on income) would be $68,500 at averaged (13%) = $8,905I'm not a CPA, but this is a rough understanding of your position - hoping someone destroys this breakdown. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

Hi Dylan - I am also new to RE investing but have a lot of background in building a solid financial base.