@Joel Scarboro Many cost segregation companies will provide you with a free cost/benefit analysis quote so you can get a better understanding of the cost and the potential benefits available.

I think you need to get a better understanding of what things cost in the area and if things are priced too high, you need to seek more quotes.

I know that's a scary word and probably one that family or friends (who probably don't understand what you are doing) have said to you in a warning of caution.

Hi Travis, congrats on the deal but I also understand the frustration of under budgeting and over paying for things unforeseen.

I sold 3 of these just in the last 45 days alone with very complex underwriting and it takes time to understand it but same strategy.

From what I understand, the Real Estate Association in SC has started sending cease and desist orders as well as fining wholesalers.   

thanks Chrisjust trying to understand, why would it be a fraud? 

They are very  different and it’s an important distinction to understand. 

It also had a number of other nearby properties it said were vacant, and it was pretty accurate.From what I understand, vacant properties are determined when the post office attempts to send something to an address and it comes back undeliverable or something. 

Both of these metrics are used to measure, or determine risk when financing commercial property or making a commercial mortgage loan.LTVThe loan-to-value ratio, or LTV, is a measure of the relationship between the loan amount and the value of the commercial real estate (collateral).Calculating the LTV helps commercial real estate lenders determine both the qualification of a borrower and the proposed terms of the debt being considered.LTV = Loan Amount / Appraised ValueBe sure to understand that the LTV will be calculated off of the appraised (market) value of the asset.