Build up the habit of asking for the business and I guarantee you will get more deals.I created a list of 75 different closes that you can use to ask for the business.

Your perspectives could be vital in helping me learn more about these fields!

Living extremely frugal will save you more capital and build better habits. 1 year, or even 3 years, goes by like the blink of an eye.

If you haven't read Atomic Habits, perhaps take a gander at the opening story about the British Cycling team.

We've paid $180k for a shell and $30k for an entire (relatively) habitable house. 

Good to see people with experience of different culture, I think that's vital these days.

Other investors followed suit, the gov't invested in infrastructure and the area began a true change from barely habitable homes to a decent, safer C+ neighborhood.

We've had to just about gut the buildings to make them habitable-- we're still working on them.

I appreciate the emphasis on understanding who the agent represents and their limitations in that capacity, as this clarity is vital in establishing a successful working relationship.Your explanation of the range of information that a member agent can provide, especially when it comes to local market statistics, historical data, and access to property tax information, was incredibly helpful.

Here's a good habit (from the guy who had to learn to makes things simple after 30 years of making them complicated:Just write down on a piece of paper the basic terms that apply: The priceComponents of the priceDown paymentFunds due upon at possession Other Consideration Existing loan to remainAmount of Secondary financing (equity of carry back note, wrap, etc)Other non-cash consideration (car, boat, ugly yellow motor home, etc.)Addressing your original post, I believe, is that you keep the offer simple, can show the initial equity of the wrap 2nd either separate from the 1st, or since there really isn't ANY equity in your example, show the existing 1st as a component of the wrap 2nd your are creating.