Slow and steady wins the race mate.Too many guru's and marketing companies pumping leverage to rookies because they make more money, the more somebody buys.Being patient and using all cash to begin is always safer in the long run.Build the foundation of your portfolio with cash and make it strong.After a few years, look at using leverage for faster growth.And only after you have experienced the true income and expenses of your portfolio and not just paper figures.Cash is KingCashflow is QueenLeverage is the Peasant Just my opinion 🙏

Two things: 1, you will be committing fraud if you memorialize something to paper that didn't exist and claim it was from that date.

He likely can't grow his business without financing and he will have trouble getting financing if the business looks that poor on paper. 2.

Living in the high-priced West Coast, most OOS investment opportunities may seem great on paper compared to your market. 

They gave me a punch list of items which we completed and agreed to an inspection which only took place on paper. 

What would you do or what paper work can suffice for this ill legitimate letter. 

Also cash returns tend to overstate the real return because not all depreciation is "paper"; depreciation is supposed to (and to some extent does) proxy that the property gets worn-out after a while and you'll need to spend additional money at some point on capital improvements to keep it in shape to be rented-out.Also how are you only putting 6.7% equity down?

Comparatively if you get 5% appreciation on a property that is worth about 1.2M that is 60,000 per year on paper. 

And in most states changing the title back is 1 piece of paper.

By then insurance will have been renewed and the new property tax assessments will start to be paid, versus just on paper.4.