I doubt too he's going to have any stock offering, I have no idea how you took it there unless you just wanted to make a point us to your situation, good luck on your IO!

Perhaps much less because stock prices (which is what we're talking about) depend not only on the balance sheet, but the prospects going forward.  

How much did that episode of Walking Dead that you watched 2 years ago change your life? 

Correction's coming, but it will happen elsewhere first, since real estate tends to lag the stock and money markets...

I also keep a reserve fund for all those unforeseen happenings and use any remainder amount to purchase the next property Cash always has to be moving otherwise it's of no use in increasing your wealth - unless of course you have a stock pile of gold. :) 

When I say in the process, I mean we have secured lending, have evaluated and attempted purchase of 1 candidate (couldn't close the deal) and are now moving on to another candidate that we like.I've been reading around the forums about some of the financial evaluations and am working to understand why Net Present Value of free cash flows is not being used more in the evaluation of a property.It is interesting to understand the CoC as an income statement percentage and it is certainly interesting to do some quick calculations with perhaps the 50% rule.But until you take a series of cash flows, discount them by a Weighted Average Cost of capital, and determine if you can clear your next best alternative (stock market, paying down debt), how do you know if you really have a something that will make you money?

If your stock portfolio (the source of funds) tanks after you make an offer, it has everything to do with how the property is being financed and may influence your decision on whether to move forward, but has nothing to do with the financing clause language.Bottom line:  If my ability to fund a project is not contingent on my bank approved credit worthiness and/or a formal appraisal, all offers are cash...And, so far, no one has had a problem with this.Wm

Ming,Giovanni is dead on with the numbers.

This happens the other way too - one crummy house in an otherwise fantastic neighborhood will have a higher value than it really should.I don't generally put a lot of stock in zillow's zestimates, though.Regarding the county listing your place as a 2/2.5, was one bedroom added without a permit?

If you study the stock market, does that may you an investor?