Dreams do become realities.

This reality doesn't hv to be urs as I know some investors still dont believe an reo or a shortsale can even be wholesaled.

Some security agreements recite the type of line as being for a LOC, so in reality it's not a deterrent to filing any suit against you.

A use of accelerated depreciation on real estate assets can sometimes make a property look like a paper loss while in reality it cash flows like no other.

Reality is kind of hard to overcome.

It sounds like a great idea, I can own a beach property and somebody else pays for it, but in reality its hard to pull off and most people are negative cash flow whether they want or not.

Welcome to BP Kelly you have come to the right place to make all your dreams a reality.

Here's a little worksheet I uploaded that will give you a good idea (reality check) of all the expenses and other considerations that you will face with any rental property, but multi-family in particular has more expenses that may not be immediately evident. http://www.biggerpockets.com/files/user/d1beard/file/buy-and-hold-analysis The Cincinnati REIA is worth a visit (first visit is free), though for me the jury is still out on the value of spending a lot of time with it.

Hope you stuck around and make this business a reality for yourself.See you around!

I just went through the reality of how these issues arise, then you are trying to say, just a name change, nothing else, well, in what part of reality does that happen besides in buy and hold situations, does a rehabber have other intentions, a flipper, a wholesale type, no Duncan, most here have other issues going into a sub-2 or other transactions that violate the DOS.