I hate tying up assets in cash if I can keep them working, but I recognize that cash or access to it are good for jumping on opportunities too.

Originally posted by James Harkness:I study bonsai gardening and online poker, so I too know how everyone thinks (read sarcastic)Actually James, I believe I may have misunderstood your point and I believe you may have done the same to mine.You would recognize when someone is doing chokkan or moyogi even if they weren't telling you they were doing it, just as easily as I would recognize what someone is trying to do when they get a crowd to chant "Yes we can" even when they aren't admitting what they are doing.

To date, we have been recognized by Brad personally, for closing the largest first time syndication, of any of his students, in the Brad Sumrock mentoring program.

Others may be familiar with the site but if you give some more information, even alot of info, many here might recognize the deal and comment as well.

If it is a duplex, what is the typical process & cost to have the property legally recognized as a quad?

If so, you need to recognize that you may be comparing apples to oranges.  

It means we recognize differing viewpoints and respect what is being said.  

Once your rental property has seasoned the bank should start recognizing the income, but most banks I work with don't recognize rental income (or include it in your DTI) until 6-12 months post close. 

Fortunately, we both have our eyes on the prize and recognize the vital contribution each is making to the Big Goal.

It's simply a form of self-insurance for investors (whether they recognize it or not)...For example, I often don't get builders risk insurance on my flips, as I've done the math, and have determined that my lifetime cost will be reduced by covering any issues out of pocket.