Originally posted by Account Closed:Hi @Marc C.

Financing- build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.

This is confusing on several accounts. 

I know you won't, nobody ever does, they run away from accountability but I will ask anyways, please update the world to the flaming dung-pile it all plays out to be so the next people get spared the journey. 

Cash flow is the amount left over that you deposit into your real estate-only account. 

I dont their account reps change pretty frequently..

I have seen this first hand with my own flips to my client's that have been in the business for 25 years flipping. 

@Jaycee Greene I’ve contacted big banks small local banks and I haven’t quite tried credit unions although I have 2 credit unions for which I have accounts (but my experience is that they aren’t offering that much better terms).

This is because they didn’t budget properly and rent wasn’t high enough to cover actual expenses (repairs and maintenance, cap ex, vacancy and loss, tenant damage and turnovers, etc don’t expect to have any money left over after all of these expenses are accounted for if the rent is less than $1,500/month). 

That's not a "net profit" of $550/month because you haven't accounted for vacancy, maintenance, capex, or other expenses.