The buyer's attorney is asking me to fill in an "Asset Transfer Tax Declaration" form.  A

Form a LLCStart a relationship with a portfolio lender in the area.

Shine your shoes too... and bring a set of PNL's or pro-formas at least.

.- since he did not do the roof, there is now water damage from the leaky roof, to some of the new sheetrock and sub floor.Here is where we have gotten so far:**read a bunch of info on NOI, Pro forma, CAP, and looked at other delapated multi family buildings that have sold in the area. 

I come form a construction background and will be offering my money as well as my skills, tools, and energy.  

The property will generate either a current or a pro-forma NOI.  

This is a perfect example of why you need to know the areas well and not get lured in by low prices and pro forma's promising unrealistic cash flow and ROI.

Hi all,I have a 2007 Pro Forma that I need to update with 2015 numbers.

This cost should include all of the legal documents, all of the costs to form a limited liability company (through dissolution), and unlimited consulting to get the transaction completed

Many of them will have pro-forma analysis (aka liar's reports) that show the cap rate.