(registering means they get your name & phone # for cold calls) As we walk in to grab our seats A slick talking salesman (who kind of looks like Armando) was already talking about Armando's back story & how he was broke living in a garage with his young family.Real eye watering stuff.Armando frustrated with his misfortunes goes out & approaches investors offering free work in exchange for mentorship.

I'm wondering if anyone here can explain the reasoning and comment on the formula's validity.He says, "The precise formula is that your loan-to-value ratio multiplied by your annual constant must be lower than your cap rate to get positive cash flow"so that's,LTV * C < CapRate --> positive cash flow(C = Annual constant)He goes on to define the terms like so,LTV = Loan/ValueC = (annual payments) / (loan balance)Cap rate = NOI / Price NOI (Net operating income) = income - expensesIf you do some algebra you can restate the formula as,(loan/value) * (price / loan balance) * annual payments < NOI --> positive cash flowBeing somewhat simple minded I would have thought that the formula for positive cash flow would be simply,annual payments < NOI --> positive cash flowBut I don't understand the multipliers on the left side,(loan/value) * (price/balance)Can anyone explain to me why they should be considered?

1031 is for a like kind of exchange. 

Admittedly the breakdown isn't ultra precise as I wanted to see if we were even in the ballpark before getting much more detailed. 

Does anyone have any experience with these?  I'm sure you know of or have heard of them.  I didn't if anyone had a positive (or negative) experience with them.  I won't mention any names, but one guru is sending out e...

Because the vast majority (almost the entirety) of what seminars and gurus teach in exchange for large amounts of money is available elsewhere for free.  

I can bring value to you in some way in exchange for your knowledge/direction/friendship.I look forward to engaging this community and meeting good, hungry people.Thanks a lot for reading!

Would it be possible to exchange a property worth 125k with no debt, for a property worth 950k with 825k mortgage?

I view money being the medium of exchange and wirelessly interconnected all across the vast continents due to the fact that it is made up of air, hence, air bubbles can pop up.

Yes, But the structure of the exchange needs to be such that it is an improvement exchange for the property to which you plan to utilize the hundred thousand for repairs.