You must first form a relationship with him or her and they must "like you".

What they do is they give a loan to or buy an equity stake in the developer, then form a new LLC which becomes the issuer offering securities/ownership, and they remain the managing member of that new LLC.

When we did appraise an apartment, we would interview the manager/owner and get details of operating expenses  (would request a copy of the Schedule E from the past 3 years) and of capital expenditures recently to help determine depreciation of those items(actual age) and determine capital reserves calculation for the pro forma.  

Would you form a family trust or an LLC for our strategy?

All the best...It sounds like he may be analyzing a prospective acquisition, and all you can do is use pro forma estimates to evaluate whether such an acquisition makes sense.

im trying to form a plan to start investing into oos multi family properties in columbus ohio. i have been giving thought as to how i can go about financing my first deal and if i would qualify for any type of loan. i dont have consistent pay, voe, tax info and im starting to build my credit but i have savings in the bank. ive been self employed for about a year and a half doing handyman projects for people around my area has anyone ever been in a situation like this?

I welcome any suggested paths to better educate myself from the ground up.I'm not yet at the point where I know what I would like to invest in (duplexes seem interesting), but hope to form a more concrete vision and associated goals within the next few weeks.

Some of the numbers are not truly accurate, but for these practice examples she got close enough.Elisha, the pro forma sheet I sent you has perfect NOI calculations, just incase you want to double check your spreadsheet.

However, having lived through the Great Recession, we need to all understand that drastic losses in value is possible and real estate prices don't always go up.It's very important that you refine your cash flow pro-forma analysis and consider other properties other than SFHs/THs.

Could you form a neighborhood committee to help gentrify the area?