I've only been involved in this for about 1.5 weeks, so let me know if I've left any important information out.The investment group is an LLC operating out of CA that does redevelopment in another state.

The FED is meeting again next week, at which time there might be another downward movement---if this doesn't come to fruition, it's time to "lock and load" (particularly if you got a commercial mortgage in the last 12-18 months).

The lender will analyze all of this with the business operation and will not look into your personal credit side.

Operating expenses include all the expenses that are associated with operating your rental business, but DO NOT include the mortgage payment (Principal and Interest).

REI, Thanks for trying to help, everything I click on takes at least 35 seconds to load, only bigger pockets seems affected, its now early A.M. the next day, problem still persists.

What he doesn't mention in the presentation, which includes a demo. of the impressive-looking product, is that for $2K you don't actually get the software to load on your computer, you access it on the Internet for a "modest" fee of $69.95/month.

I was at a Panera the other day and was able to see the new deal numbers that one of my birddogs loaded into the site.

With the real world operating expenses, you will have big negative cash flow.

It was loaded with information and motivation, but it may have been designed to overload you with new info.

No one told him he was operating illegally.