Upon any further readings at depth, these syndicators like Metallic Blue Developers appear to have been operated and managed fraudulently by others (Brian Dozier et al).

It has been suggested already, but it appears it not the right strategy, in your view.

It's not going to just snap to $40k and a buyer appears. 

However, it appears they agreed to split the rent 50/50, and one of them is not meeting this agreement.

@Justin Phillips @Stacy Voss @Kevin Romines Okay, so another question that popped up - I just looked into the bank that my Mortgage is through and it appears that there is a suspension on new HELOC applications.

@Zehua Zhou,It appears you are setting up the bank account incorrectly, which will come back and bite you... send me a PM so we can connect and I'll guide you. 

There is "delayed financing" options where you can do this but its usually not same-day.However, what you are looking for is probably a hard money lender that does not require appraisals - this allows quick closes and functionally the same as cash offers (and pretty much what you appear to be looking for)

@Katrina Schmid, to send a private message, hover over a member's image, and a box should appear with Message as an option in the bottom left.You may need to send a Colleague Request first, but we're already colleagues...

It is not bad to bring in new blood to a podcast, while I have not listened to the podcast in years,just looking at the profiles of the old and new it appears the new host has a lot more experience than prior hosts. 

I realize there are better in investments, but we like Wildwood, NJ and would use it for 1 week during the summer and a weekend getaway during the off season.Current pricing appears to be $650-$850K for 3BR/2BA, 1,400 sq. ft. and ~$16K out of pocket costs ($5K yearly taxes, $10K condo fees covering wifi/cable, flood, sewer, trash, etc. and $600 for content insurance).