Hi @Nancy Cho happy to connect and talk business.

@Rebecca Cho I’m going to be a heretic here.  

Quote from @John Cho: Citing loan covenants seems like a weak excuse.https://www.wallstreetoasis.com/forum/real-estate/another-on...There's a years worth of posts in that forum but I read the most recent and I recommend LPs do the same.

@John Cho Invest in passive activities that produce net income or sell a passive investment that results in a capital gain.

Hey @Christine Cho I agree with @John Underwood.

Quote from @Jacob Cho: I'm trying to buy my first investment property with ~$100k saved up.My brother started his first W2 job last month that pays $45k/yr+ commissions.I plan to get a minimum wage job/an entry W2 job since I'm still in college and to hopefully qualify for a bigger loan.A lender estimated we'd be eligible for a $300k loan with $100k down, and a $2,500/mo payment on a $400k property with only my brother's income as of now.California is too expensive for us so I have been looking into out-of-state investment properties.What would be the best investing route for us to take to grow our wealth?

@Jay Cho it's more complicated that you may think.You technically won't own the property!

Quote from @John Cho: I am a LP in over 50 deals invested over the years so could name groups that are capital calling or losing capital calling right now. 

@Steve Cho the offering documents are what counts.

@Gustan Cho thank you sir.