I am looking to setup Quickbooks desktop pro to track all things REI to include BRRR's, flips, etc. 

Among many younger people, "hacking" has long since ceased to be solely about computers.

Turns out one was a computer gambling business and the other was an e-cig business.I don't care why the applicant doesn't want to tell you, but if I don't know the business, I don't consider the application. 

FHLB 5 year rate is 3.08+2.25 spread (YMMV but it will be similar method of computing rate) so at least 5.4% I'd bake in 6 to be safe as these can take a while to close.loan fees--call it 12KClosing costs will be a lot more than 3K--you need an appraisal at least at 1500 and maybe more, you will need the partnership agreement drafted (welcome to lawyer land!)

You can get a desktop study done using modeling for around $2,000 usually, but it likely won't hold up under audit and won't get as much benefit as a forensic study. 

Networking via the computer is just not the same lol.

After reading many of the BP forums I feel I'm finally ready to step from behind the computer screen and finally get my feet wet.

Some lenders will do a desktop environmental just to pull the reports.

The basis is computed as follows:Basis of Relinquished Property$500,000Plus: Liabilities Assumed by Taxpayer+$900,000Plus: Amount of Cash Paid+$100,000Less: Liabilities Assumed by Buyer–$500,000Equals: Basis in Replacement Property=$1,000,000

Hi Esteban-I am a seattle computer nerd as well and I bought my first MF (a triplex) in south seattle in 2006.