Last step is to look at the projected investor's return and decide if this return meets your objectives.

This is the part where I need improvement.If you found a great deal today, and called up your hard money lender to go take a look, those are the things they would ask you to provide, and they would provide their objective version of your deal, as a comparison. 

I'm a investor specialist realtor in West Michigan so if you have questions about that area or need some help, just hit me up and I'll be glad to do what I can for you.   

@Michael Kelley i'm in the process of getting approved with a 203K loan specialist right now.

My objective is to remove the maximum cash, keep costs as low as possible - points and interest, build up a refinance relationship as I grow the business/portfolio and finally have the option to service the debt interest only if desired.Looking forward to your comments, recommendations and suggestionsThanksR

If there's another name on the title, your deal cannot go through, and you definitely don't want to acquire his debt.I would consider getting a specialist in the industry to assist you.

If I misunderstood your situation and you actually run the syndication, as opposed to merely being a passive investor - then you do need a high-level specialist.

There's a lot of shiny objects out there now that are luring people to ditch their 9-5 to become their own boss and find a lifestyle design model that they enjoy more than the one they're stuck in.

@Ray Realdine: Depends on your risk tolerance, purchase power, objectives, etc.

To achieve this objective, our target was to buy free and clear buildings.