PeerStreet titled the position "Newark, NJ Refinance #49" and it had Original Loan Term: 12 Months from November 14, 2018 and Maturity Date: December 1, 2019.This was probably a bad investment form the start, but not judging that here and instead discussing handling of a bad situation.

The assumptions are as follows:A - All flipping money will be reinvestedB - Flipping returns to be 5%/yearC - All cash flow to be invested into flipsD - Flips start when both options accumulate $50k in cash flowE - Both start with $100k and all money is in play at the startF - REI Buy(RB) = 100%; Tenant Buy (TB) = 20%...TB can buy 5 propertiesG - Cash flow with loan = $5k/year; Loan pmts = $5k/yr; CF no Loan = $10k/yrH - Properties appreciate at an average of 2%/year; @ 30 yr mark = $190k/ea"Ladies and Gentlemen,...start your engines".RB:1 - 5 years at $10k/yr to equal $50k to start flipping2 - Year 10 (5 years of compound flipping) inc. $10k CF at terms above = $125k3 - Year 30 (20 more years) = $637k4 - 1 paid off property w/appreciation = $190k5 - TOTAL = $737 + $190k = $927k TOTALTB:1 - 2 years at $25k/yr (5 properties @ $5k/ea) to equal $50k to start flipping2 - Year 10 (8 years of compound flipping) inc. $5k CF at terms above = $280k3 - Year 30 (28 more years) = $1.66M (remember the CF component is for 5 properties)4 - 5 paid off properties w/appreciation = $5955 - TOTAL = $1.66M + $595k = $2.26M TOTAL

@Leigh C I did these things even before what happened to this lady, so no knee jerking here.

One of our new apt tenants (late 20s, seemed mature, responsible) called 311 out of the blue without reporting a problem with the heat to us.

Which way to share supporting documents (Google drive, email, dropbox, etc)Types of loans available (terms, maturity, etc)Interest ratePoints for various ratesDo you offer a floating lock (adjustment if rates decrease)Closing costs (brokers fee?

Im working with a lady that bought a property last year (January 2023) with her now EX-Boyfriend.

I know a builder personally who received funding from a lady who owned a cleaning franchise. 

Obviously I'd be paying much more if I took the loan to maturity, but if I did plan on selling property A as soon as the renovations were complete on property B (6 months or so), I would think that would be a home run for me and not something I would necessarily want to talk to my lender about.

As for connecting, the REIA has 5 meetings a month- the General meeting is on the 2nd Tuesday (6-9), there's a "Roundtable Discussion" meeting on the 4th Tuesday (6-9), Breakfast on the Third Wednesday (8:30-10) and a Ladies only meeting the last Thursday (12-1) of the month.  

There's a lady who attends the Pittbsurgh REIA meetings who is a mortgage loan officer who definitely does stated income loans ...