I won’t pretend to be an expert by any means as I have only been at this for 4 years and have 5 properties, but I thought it could be helpful to share actual numbers and different ways to look at them.

The reality of the situation is much different than a spreadsheet. 

It was all really quick, and the time to complete everything happened a lot faster than I expected (which was a good thing).I was worried at first that I had to use all the partners that Rent to Retirement had, but it was really easy for me to shop around for different lenders with different terms and rates, insurance providers, and property management company.

What's different? 

I'm telling you this so you don't get confused when talking to different lawyers. 

Bank Statements are only different in how the income is calculated and used to calculate DTI. 

Get Familiar with Financing: Educate yourself about different financing options available for commercial properties, including conventional loans, hard money lenders, or seller financing.

Since you have just closed on your first property through RTR can you tell me, were there any differences in the numbers that RTR provides versus the actual?

Rich Ng That's good to know, I know people who have had issues in Salem with big differences between market and section 8.

The only difference is that the sold property was not updated.