http://www.eventbrite.com/e/showcase-california-ve...

Owner would not provide schedule E but rather provided the following breakdown:Potential purchase price is $450KPotential Income at current rents: $75780Expense:Taxes: $6456Insurance: $3300Night Light: $348Dumpster: $2136Snow Removal: $1330Lawn Mowing: $1044I added:Vacancy Rate at 10%: $7578Repairs/Cap X at 10%: $7578Leaves us with $46010 NOII can get a 20% down/300 month loan with a 5 year adjustable rate at 3.99% at a local bank I've done commercial loans with before.  

@Bob E.

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.

Thank you @Bob E. for the feedback! 

He is on e one of the earlier podcasts.

Connect with me here or my e-mail address is in my BP profile.Thanx much!

We just got a call from USAA telling us that they will not approve the loan until all of the repairs have been made and e-mailed the list.

The lien provides a financier the opportunity to have an interest to the Furniture, Fixtures and Equipment ("FF&E") attached to the real property where the FF&E is so related to the property that an ownership interest arises in tandem with interests in the real property.

If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.