This meticulous documentation not only encapsulates the financial narrative but also orchestrates a compelling argument for lenders, illustrating a consistent and robust fiscal history.In this paradigm, I find myself at the crossroads of advancing my real estate journey, cognizant of the pivotal role that meticulous financial documentation plays.

Hi @Karen CookCould you upload a picture to be more illustrative?

My goal was to illustrate the value of having access to cash that can be reinvested rather than worrying about paying extra interest over the life of a 30 year loan.

Hi John,There are two schools of thought; OM shows the potential if everything runs perfectly and the T12 (Trailing 12, aka Actual Financials) illustrates how the property has run when the current owner operates the deal.Offering Memorandums often assume instant rent increases and below-actual expenses.

I'll attach a rate sheet to illustrate what this means, but essentially you will get a credit that you can use for closing costs.

It is interesting, easy to read (though not well written), and illustrates some principles in a creative way but it is not entirely accurate.

Repairs are needed and the seller will most likely want some cash back initially.For the purposes of illustration, let’s say the following:Fair Market Value300KSales Price210KRepairs100KCash to Owner100KWhat no money down techniques are suggested to meet the needs of both parties?

In hopes that this provides some clarification -- we're hoping to do a move like this Sketchup file illustrates: Going from this:  Changing to something like this: These two bathrooms are on the upper floor -- the kitchen is through the wall on the 'bathtub/shower side' of these two bathrooms -- and from what we can tell, has separate drain plumbing for the sink and dishwasher. 

That example illustrates that the size of an investment when paired with correct (or wrong timing) can have an out-sized impact on the returns of the same investing idea.

@Lalainya RawlingsPerfect illustration of why you should get tax advice from accountants like @Nicholas Aiola and not from realtors.