I spoke with an attorney yesterday that didn't recognized the term "subject to the existing financing" and I am not confident in her advice. 

@mirianhuish I recognize that black and white photo, you must be with Chase International.

I recognize the value of building a strong network and believe that partnerships are instrumental in achieving success in this field.I am reaching out to seasoned professionals like yourself with the hope of gaining insights, guidance, and potentially forming partnerships that could be mutually beneficial.

That being said, real estate is local and if you can truly recognize an under valued deal then have at it.We didn't create an LLC until our 7th property.

@Mark Cruse thanks for speaking up for us newbies, I thought I recognized Peter's negativity from a previous post I made here. 

Your returns are not going to be as high compared to deals where you put no cash in.The key is to recognize there are options, use the options that work for you and for your market.

It's our first time getting out of our comfort zone, but we recognize we have to.

Also it's certainly possible one of the rules I already mentioned is the same thing as leverage percentage and I simply didn't recognize it. 

It uses AI to recognize and categorize your expenditures and income grouped into tax filing categories, provides you with P&L statements and has a lot more features.

You might recognize me from this Bigger Pockets interview:A little background:I got my start working under billionaire Grant Cardone and his real estate team where I personally raised in excess of $100M of investors capital and was extensively involved in billions of dollars in Multifamily transactions.Since leaving Grant's office in 2022, my first deal was a 55 unit, $8.2M apartment complex in Daytona Beach, FL where I partnered with Ken Gee.