The parent must file a gift tax return annually, and any remaining balance is included in the estate.If the home was your primary residence for at least 2 of the last 5 years, you may exclude up to $250,000 ($500,000 if married filing jointly) of capital gains from taxes.

They are just going to use their 2nd VA loan to buy their next one while this one is tied up. 

If that leads to a more structured and education based meeting, then that is great - if it remains just a place to gather and bounce ideas and network, that's great too.

Hello Ralph,Yes you can used a HELOC from another property as a down payment for a new one, then get traditional financing on the remaining 100K. 

. $40-$50k out of pocket, HELOC or private money loan for the remaining $20-$30k 

It’s concerning as I have a lot of money tied up in this.

The 5% of the remaining balance late payment fee is a little much IMO. 

Property owners remain responsible for operations and maintenance, only because they retain full ownership.

If you tie the bonus to early renewals, a bad employee will renew bad tenants just to earn a quick buck.

Balloon Payment:• At the end of 24 months, the buyer will make a balloon payment for 50% of the remaining balance of the loan.• This balloon payment will be paid through a cash-out refinance of an investment property valued at $198,000.7.