They are very informative, and contain ample information. https://www.biggerpockets.com/blogs/

They are very informative, and contain ample information. https://www.biggerpockets.com/blogs/

All of these options are much cheaper than what was formerly referred to as Summary Appraisals of Self-Contained Appraisals. 

Each investor is basically told that there is very high chance to lose their entire investment and they should not even think about investing in the deal unless they can afford the loss.Second, a PPM contains indemnification clause that protects the sponsor from being sued by investors unless the sponsors is found guilty of criminal misconduct. 

A great book is Rich Dad Poor Dad by Robert Kiyosaki.Another great resource is the BP podcasts, found here: https://www.biggerpockets.com/podcastI listen to them in the car, at home, whenever I have time. they are extremely motivating and contain a wealth of practical knowledge.Happy investing!

They are very informative, and contain ample information. https://www.biggerpockets.com/blogs/

They are very informative, and contain ample information. https://www.biggerpockets.com/blogs/

They are very informative, and contain ample information. https://www.biggerpockets.com/blogs/

When the right deal comes along you'll barely be able to contain your enthusiasm.

S-CorpW2 income – that’s easy, you probably understood that your W2 income can be added BACKK-1 income (box 1 & 2) – also pretty self-explanatory, but just in case, it’s added BACKAmortization/Casualty Loss – Added BACKDepreciation 1120s (line 14 & 15) – Added BackHowever….Mortgage Notes, bonds payable in less than 1 year (Schedule L, line 17)- this is SUBTRACTED from your incomeMeals & Entertainment (Schedule M1, Line 3b) – SUBTRACTED from your incomeNon re-occurring Other Income (1120s line 5) – SUBTRACTED from your incomePartnershipsW2, K1 (box 1,2, & 4), Depreciation, Amortization/Casualty Loss – all added BACKNon re-occurring Other Income, Meals and Entertainment, Mortgage Notes payable in less than 1 year, AND Ordinary income from Other (1065 line 4) – all SUBTRACTED from your incomeI certainly hope that some of what is contained here helps your understanding of what goes on behind the vail of underwriting.