In addition, you still need to meet the IRS requirements for material participation in each property or elect to group themBased on what you say it sounds like it would be challenging for you and your wife to meet these requirements unless she gets involved in more real estate activities that qualify for REPS hours. ...

Hi Kris,It sounds like you’ve got a great property under contract with a solid entry price, and the only challenge is the interest rate of 7.125%.

Sounds like you're likely going to be selling.Good lesson at least. 

I hope you contacted BP directly about your experience with what sounds like a 🫏 agent.  

But, it does not sound like that is one of those situations. 

I’m not familiar with CFREIA yet, but it sounds like a fantastic group.

Sounds like a box of unexpected surprises, I'd pass.

Quote from @Sofia Komrskova: That sounds like a bad idea.

I'm considering engaging with this business and am seeking assurance regarding their legitimacy.

Quote from @Caleb Rehg: Quote from @Will Gastonstonton: @Caleb Rehg This thread may be helpful: Nearing 1,000 College Students: Here's What I've Learned Sounds like you know what you are talking about in this space.