There are so many different ways to skin the cat in real estate.

On the surface, it's an acronym for after-repaired or market value.

On the surface, it’s looking like a solid deal.

It's all a function of the value-add. 6 Cap is not a cash flow proposition on the surface unless you can get it up to 8 or 9. 

They will require some of your money for the purchase depending on the project to make sure you are putting some skin in the game.

I also prefer that the managers share the risk alongside me - via skin in the game and/or profiting only after I have my capital returned along with a preferred return before the manager/developer makes any profit. 

Remember that surface preparation is the most important part of a quality paint job.

I prefer having the air space under the metal, the strapping helps to level out the uneven surface and the metal is more securely held down with strapping.

The bank total charges would be 238k120k at closing 30 fixed at 5.827%The seller financing is a much better deal on the surface, im just worried about losing out on some protections I might get with the bank. 

Because granite and other solid surface options are out of our budget and not necessarily needed in this neighborhood, would you install a nice laminate or real butcher block countertops?