I have two rental properties so far.I like: when its calm and peaceful and those rent checks show up at the beginning of every month.

Keep calm and keep moving on

There are some sample "waterfall" models in the resources section.

Rowdy/calm place?

I didn't think it was possible and explained to the agent a Monday close was no problem and just calm down the sellers.

Originally posted by Steve Babiak:Here are some additional links:http://www.biggerpockets.com/forums/94/topics/17238-get-business-credit-part-1http://www.biggerpockets.com/forums/94/topics/15256-d-amp-b-duns-worth-it-http://www.biggerpockets.com/forums/94/topics/15663-anyone-used-paydex-in-there-new-business-http://www.biggerpockets.com/forums/94/topics/10833-corporate-credithttp://www.biggerpockets.com/forums/110/topics/28198-building-business-credit-make-sense-Calm down Steve :mrgreen:

If you calm that down before it can escalate, it will go a long way to making the next family function more bearable.  

At this point the buyer reached out to me and said they felt like the wholesaler was not being honest with them and wanted out of the deal.I asked her a series of questions to calm her down and to get back on board with going through the process of buying the home.

you are buying a property dollar for dollar on a hope that it stays rented.I say go out and find a better deal.But if they sell it to you for .60 to .80 cents on the dollar then you buy a deal like that otherwise calm down and dont be so ancious, there are a ton of deals out there just take your time and pick one.GET THAT MONEY MAN!

Some also call this a waterfall return.In a preferred return scenario the passive investor (aka limited partner) is told they get a certain % return before the syndicator gets any profits.