Don't use it to massage your numbers to make a deal look better than it is.Originally posted by Account Closed: Your accountant is trying to protect you, but the reality is 99% of loans from banks (and 100% that I've gotten) are recourse, meaning you sign a personal guaranty.On the contrary...his accountant is trying to protect HIMSELF

It just shows that you can massage data to give you the number you want.

This December we gave our property assistant and our plumber each a gift certificate for a one-hour professional massage.

Niagara Massager shower head.  

You can find people in your area willing to give you money if you have worked the numbers and have not massaged them to fit.  

But despite those numbers, it sounds like you're just trying to force this one to work by massaging it a bit - which is usually an indication that you should move on.

Early on I started out with a 20 unit multiple property C-class seller financed deal and it almost bankrupt me as I didn't do my analysis correctly.It's great that the seller is willing to hold paper but be sure you aren't massaging the numbers to create a better deal than what's really there and be especially certain you have sufficient cash reserves to tackle a project of that size even if it's 100% financed.  

NEVER AGAIN, but I have learned a lot & massaging them is akin to poking a sleeping dragon.

I'm looking to massage my portfolio of 10 places.

But if an investment requires that you massage the numbers, make assumptions about rent increases, or under-budget the rehab, walk away and wait for the next one.Best of luck!