Howdy @Jason MaAs @Brent Coombs said the 30 minute analysis idea that Brandon refers to is the initial Pro forma analysis.  

All pro forma numbers. 26 door apartment complex in Lakewood, WA.

Brenton Vandenbosch If income is tight, but you have other skills that you bring to the table, you could look to form a partnership with others who do have capital.

Monthly Income: Monthly Expenses: Monthly Cash Flow: Pro Forma Cap Rate: $2,875.00 $2,468.65 $406.35 8.84% NOI Total Cash Needed Cash on Cash ROI Purchase Cap Rate $18,485.75 $0.00 Inf% 9.99% Property Information Purchase Price: $185,000.00 Purchase Closing Costs: $5,000.00 Estimated Repair Costs: $2,000.00 Total Cost of Project: $192,000.00 After Repair Value $209,000.00 Down Payment: $0 Loan Amount: $193,920.00 Loan Points: $1,920.00 Loan Fees: Amortized Over: 30 years Loan Interest Rate: 5.770% Monthly P&I: $1,134.13

Greetings all, Looking to form a multi-member LLC in Texas.

I can work on a T-12 or a Pro-Forma package over the weekend.

Because long term that should be a the goal, both sides rented,I ran the numbers thru my excel pro forma program, but i created an estimate of $2,200 for dwelling insurance, and left off PMI.

Weekly status reports are tracked for we and our investors to make sure things are tracking as much as possible to our pro forma projections.

Pay it off in cash (another 13K) or put your required down and you can borrow form a new loan.

Highly leveraged builders and developers that made it during the boom will go bankrupt when sales don't match pro-formas any more.