At the pro forma income, the cap rate would rise to 8%, which is more reasonable but only achievable after renovations.

Jaybe if you had a few units this can be achieved

The loan is in process and through our financials and reserves we will achieve it.

He provided great guidance and support while I was starting out in the "private capital" space which has allowed me to achieve financials prosperity in just 4 short years. 

With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com  who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.

I am assuming brrrr do similar but in reality, due to conservative nature of refi appraisals, I suspect they achieve less valuation if based on the refi appraisal.https://www.sandiegouniontribune.com/2024/12/16/home-flippin...

Tulsa has a solid industrial base and a lower cost of living, attracting renters.Cash Flow Potential: Compared to many other markets, Oklahoma properties still offer better rent-to-price ratios, giving you a shot at achieving positive cash flow even with today’s interest rates.Specific Markets to Explore:Oklahoma City: Check out neighborhoods like Midwest City, Yukon, and Edmond.

I love talking with investors, sharing values, discussing their wants and needs, helping them fully understand what they’re investing in and helping them achieve their passive income goals is very rewarding.

I sent you a PM to connect, and see how I can help you achieve your goals.

The only way to achieve this is by looking at and doing real deals.