As far as I know, the syndicator isn't putting his personal money in (although the PPM says he reserves the right to - I think that's just a standard agreement).

What I am referring to is how you ask the questions.  

If it was a crap hole and below market rents that would be a different story.What this comes down to is if you get the existing tenant out will you be able to get top market rents with all the issues sited??

Hi Eli,My name is Breanna and the program I think you are referring to is called the HOP program.

@ANGELA KRIV We have not applied for another loan through Sofi as we have not had to. I

No, of course you don't "have to". I

Hey all - One of the strategies I'm looking at is getting a construction loan for a distresssed property (close to 100% of the purchase price / 70% of ARV), fixing it up, then refinancing to pay the private investor, and ideally cashout my money into fixing up the property.That said, having never done this (though I believe plenty here have) what  issues to I run into with the refinance?

It's not 501c approved yet but If I wanted to I could donate property to it.

I would be worried about the EIGHT accounts already in collections since she obviously doesn't pay people/companies that she owes money to. I

I TELL THEM THAT I WORK WITH PARTNERS AND CASH INVESTORS THAT I WILL NEED TO SHOW THE HOME TO. I