Hey guys, I am currently reading "The ABC's of Real Estate Investing" by Ken McElroy and he mentions getting on an email list that sends pro formas of apartments to practice analyzing deals.

As another guy pointed out as well however title is held on the property when you go to sell it is how you'll have to buy the exchange property - IE - Bryant Diel and Bryant Diels Mom - youd have to buy Bryant Diel and Bryant Diels Mom - or ABC Co LLC - ABC Co LLC will need to purchase the exchange property.You could leverage up to a significant property with your first purchase if your farmland is free and clear. 

The market is incredibly hot and I would argue over inflated due to the work Colby is doing.

I haven't bought a deal for a while but I have accumulated more funds - I'm planning on moving out of SoCal and FHAing a 4-unit wherever I end up, plus I have the money to buy another property in my East Coast market if I see something I like (I'll be back there next month visiting family, arguing down property taxes for my newest property at a hearing, working on my properties).Hopefully these ideas are inspiring. 

I've always believed that balance or sort of the middle of the road answer is the best.Having said that, let me argue both sides of the issue.

I think most folks would argue no, it does not. 

He argued it'll be paid down quicker, but I argue that I can just make extra payments on the principle if I want that and I won't need to worry about a commercial loan eating my cash flow either because it's my option as to whether I want to pay extra or not.

But I would argue that you can be over-leveraged as long as your cash flow is strong enough to survive a drop in revenue and that you are sure you would not need to sell during the downturn

Like arguing with people who insist that the world is flat.  

I guess you can’t argue with infinity.