Do you have any relationship with D&L?

In fact we were around during the S&L melt-down.

Originally posted by @Tony L.

We us the L/O business model within our property management company.

What I mean is are you lease optioning for cash flow or are you L/O for a big payday at the end and less concerned with getting maximum cash flow.If you don’t care as much about cash flow, you can set your lease payment for just above your mortgage payment, have a nice spread to what you owe and what your option price is and make a nice payday down the road.

Post the current P&L on the biz so we can properly analize the deal.Are you saying the land alone would be worth $800k or after improvements, it would be worth that?

NEW YORK (Reuters) – Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud cases ever.The former chairman of the Nasdaq Stock Market is best known as the founder of Bernard L.

I ask for CURRENT rent roll, last prop tax statement, year to date P&L's previous years P&L's, recent insurance statement, previous 6 months utilities bills, property management agreement, & current rental agreements.Keep in mind that sellers can "fudge" some numbers to make the NOI look better.

It would make a great L/O or Rental.

Who uses P&L's, balance sheets and income statements?