Thanks everyone.My gf let me know just now that she's got significant debtors she wants to pay off before she wants to buy.

@Brad HalesVerify the type of entity the syndication is employing-is it a debt or equity position?

When debtors could not meet the demands of their creditors, they were forced to sell their homes and possessions, and with money unavailable even at the legal limit of 12%, prices of real estate and other goods collapsed since there were so few buyers.

But if that doesn’t materialize, or if we hit a recession, it’ll get worse.My personal advice is, if you don’t already own stabilized real estate, in solid areas, with fixed debt or low/no mortgage…take the 5% return available now for your liquid savings and wait.

I beleive this is an important distinction because you appear focused solely on apartment buildings that were acquired because of favorable debt or other bad projections. 

The sunk costs and raise fees for these platforms need to be built into your analysis as you would for any debt or equity partner.

where as someone who has not can file at anytime.its not uncommon for BK cases to drag on for years.. depending on the situation.. the debtor IF they did not have a complicted financial situation could have been doing a work out and then Covid hit and they had to throw the towel in and just go chapter 7. its not like the old days where chapter 7 had to wait 8 to 10 years. 

It's either because they are brainwashed into being terrified of debt, or they are jealous of the possibility of you making a ton of money and getting ahead of them in the world.

:Originally posted by @Will Barnard:Originally posted by @Jonathan Turner:If I just got $50k from a property should I use some of it to pay down my personal debt or just use it all to reinvest into another property?

A mortgage is, “a legal agreement by which a bank lends money in exchange for taking title of the debtor’s property.