In the past, I’ve only purchased through brokers, who provided their own pro-forma APODs and applied a too-low cap rate to derive a too-high purchase price.

Says that it creates a Pro Forma and everything...A video can be found on the last tab.

I AM NOT UTILIZING PRO-FORMA, I am running the CURRENT operating data info & basing my offer price on so.

I assume we would have to form a formal partnership, put income into the partnership and then dispense cash out to each other each month or let it sit in the partnership and grow for the next purchase.  

Any recommendations on how to vet and analyze these typs of pro-formas?

Is this possible, can a person form a corporation and buy a multi unit property under the entity.

Trying to run a pro forma on a development.Thanks,

Well, worry no longer: The State of New Mexico will allow 10 investors to form a syndication and raise up to $1M and be exempt from SEC and state securities regs.

An example from my early investing with less cash down: i called around for a buyer's RE agent who would accept his commission in a form a note with payments over 60 months.

But in the case of a mortgage, I was swayed by the argument that defaulting on a mortgage is not "breaking the contract".A mortgage and note form a "complete" agreement.