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Updated over 9 years ago,
Deal Analysis Statement of Net income and Cash flows What could be done?
I could not find how to upload excel sheet for this.... Please see attached PDF.
Here is the deal as they currently have their financial situation. This house is a converted house to separate apts and the financials look horrible, but is there hope? Please see the financials I've compiled and any advice or opinion is welcomed.
P.S. they would not give me the mortgage service pmts so It's safe to say this property is in the hole for the past 5 years even if there payments were $500 a month. Also I don't think this property will qualify for anything but private loans given a physical condition.