It should also show you other valuable financial metrics such as cash on cash return, full debt service coverage, and even IRR/NPV.

Getting a lawyer to review your first contact wouldn't  be a bad idea.

I just found the"how to flip" guide and will be reviewing that today.Thanks!

The agent facilitates the application process by reviewing the necessary documents and forwarding the completed forms to IRS.

There is simply not enough time to do a detailed review (much less analysis) of each resume, interview the candidate and then come to a considered decision.

BP Community, I am reviewing a PSA for a property that I am acquiring.

 reviews I've used Susan Walker at Walker Jones Lake PC for the past  25 plus years her phone number is 757 486~0333

I understand that this is an investor site for investment opportunities but because I have read so many scary reviews about companies that RTO clients have fallen victim too, I thought that this may be a good place to inquire.Although I will remain in the same line of work, I know that qualifying with a 2/3 salary decrease and new job my debt to income ratio will not allow me to outright purchase something and I haven't lived in an apartment in over 20yrs.

I have clients that own 1 to 5 vacation rentals here on Mau i and once you hit that threshold of 5 you may be put into a commercial status (5+ units), so qualifying can be a bit more difficult, looking at such things as:What has that person owned and what has been their management experience collecting rent and managing propertiesThe borrower's credit score, income and personal and business tax returns will be considered along with two years' operating statements and a current rent roll for the property.Also important are property metrics, such as: Net operating income: The annual income, minus expenses that a property generates from its operationsDebt service coverage: Measure of cash flow relative to debt payment obligationsLoan-to-value (LTV) ratio: A measure of the loan amount relative to the value of the propertyThe property has to service its debt at a comfortable marginOf course each lender can be a bit different, so it's good to shop around if needed.I hope that helps.BTW - what do you consider big money?  

You can narrow them down to the top-rated and then read reviews to determine which ones you are interested in.