equal to gross rents divided by 2.

What Don said...Basically, lenders want to make sure that the appraised value is equal to or greater than the purchase price.

David,Typically your landlord policy on the property will give you liability protection equal to the total amount of the building coverage of the policy.

One of the formulas that I have seen in the past is 20 leads equals 1 deal worth buying.

Equal opportunity abuse...

Entity lawyers are not all created equally and you should look for a specialist to assist with this...not a general lawyer type.

Kotlikoff says the IMF itself has quietly confirmed that the U.S. is in terrible fiscal trouble – far worse than the Washington-based lender of last resort has previously acknowledged. “The U.S. fiscal gap is huge,†the IMF asserted in a June report. “Closing the fiscal gap requires a permanent annual fiscal adjustment equal to about 14 per cent of U.S.

There is no guarantee in life, B could lose money, A might end up being the smartest guy in the soup line...but all things being equal, A will win.I agree with Mark, find something you really enjoy and be the very best you can be in that field.

A wise man once told me "In this market its a fashion show and a price war" If you can cosmetically over do it, you will a significant result in market time which equals real money.

I would recommend using the 50% rule, which is that if you monthly revenue is $2,500 then all of your expenses (not including debt service) will equal 50% of that.