I’m currently doing my homework and preparing to make an offer on my first property, a commercial/residential building and I’m looking forward to utilizing the resources on BP and especially the experiences of all the other investors. 

Hi, I'm Jordan and I'm eager to broaden my understanding of real estate investing by hearing success stories, exploring current deals, addressing questions, and exchanging investment insights.

There is currently common ownership of the entities that own the property and business, so they will need to sort the cash flow between the two out.

Hey Marco, What is the current zoning of the individual unit?

Here are the key points:Reasons to participate in the capital call:It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.The operating agreement likely outlines the terms of the capital call that LPs agreed to2.Reasons to be cautious about participating:Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.Other important points:LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals.

I currently have a property in the Bay Area that has around 250k(with HELOC) or 350k if I sell it.

The U.S. is currently in the midst of the greatest transfer of wealth in HISTORY, as Baby Boomers age-out and relinquish their assets to younger generations.The deals are definitely out there!

Solicit other investors looking for a solid return, self-directed IRA investors, or basically anyone that currently invests in real estate. 

My name is Jonathan gee I’m currently twenty years old, and I’m looking forward to build my future in Real Estate.

We (my wife & I) currently own outright one home which we are renting out.