Then coding the p&l can happen. without the Balance Sheet, I don't know if I am missing transactions.

People have WAY overstated "cash flow" on BP by ignoring the costs of capex, vacancy and turnovers.My goals in every transaction now are to (1) buy in good neighborhoods, and (2) minimize my outlay of cash. 

Recently, a real estate friend suggested I consider starting a title company, as he and his partners (primarily in commercial real estate, like strip malls) could bring business my way.While I’ve worked with title companies in my transactions, I’ve never explored the inner workings of how they operate.

I used to agree jay but after our most recent transaction with them they aren't a fair intermediary they represent the buyers yet claim not to on transactional paperwork and also use their network against builders. a little manipulative.

Melissa, not trying to hijack the post, but I am curious about cross collateral, as I own a 5 unit with a lot of equity and would like to buy using same bank, using the equity as a form of down payment and the new property income to justify a higher tha 75% loan. 

.😂 Point is there is nothing new in real estate transactions as it relates to how you structure them. 

Seasoning period is an industry term for the waiting period between your last transaction closing or funding and your next one closing or funding. 

Double closings are no longer allowed in the state of NJ so I've been told by one or two title companies that operate and do a lot of transactions in Northern New Jersey.

The combined transactional costs alone between the purchase and sale are going to be north of 10% of the transaction value.

I never really know ahead of time which lender might be open to that before putting the full credit package in front of them, and many of them 'in theory' offer it, it's just a matter of exposing the potential transaction to enough credit unions and banks that a few "swipe left," a few "swipe right," and looking at the terms offered by those that swiped right.