If I remember correctly, this may be what is considered a double closing.

While there are many condo associations that are well run, always remember that this can change.

One way of not having to remember where my calculator is.Using that calculator is relatively simple.

I do remember it saying that it was a third party.

Remember that the stated NOI is before debt service so that could kill your cash flow paying a high debt service.

Remember you don't have to own a property to control it.Good LuckPaul

Fight or flight often comes into each deal you do, but just remember to push on, ask questions and run your numbers, then run them by someone with experience.  

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Flipping has been on my bucket list as far back as I can remember and I just can't get it off!

Ideally, you would have some collateral to put up for the loan.My first investor deal was with two guys at work.