You have nothing to gain from an appraisal and a lot to lose.

Sometimes we can do everything exactly in a way that should work, and still end up losing.

If lenders feel like they have nothing to lose they will fund 100%.

I was also planning to put in a coin laundry room on-site so the electric bill will go up even higher.  

Any sites or files would be greatly appreciated.

It's all coming together quite nicely, and thanks to all the great insight from this site and from many books, my standards for cash flow have gotten extremely high, and we're killing it on our COC for the most recent three properties.Where we are now is...we just got a very nice cash payout from some complicated circumstances surrounding my wife's company being bought out and all retained employees getting huge retention bonuses.

I have used my five calc uses already and for some reason the site won't let me upgrade to pro right now.

As an avid reader and absorber of this site I've found myself drawn to certain folks who seem to have ideals/thoughts that very much align with mine. 

Too me you would lose money.. but you would need to run the numbers and see what your return would be and are you financing it.. is it a cash deal.. etc.. but if numbers don't work don't do it.. 

Hi everyone, this is my first post on BP and let me say that the wealth of information contained on this site is astounding!