However, I have heard a few times on the podcast and in books that banks prefer to loan to individuals rather than LLC's in the beginning because the LLC has not yet established cashflow.

Unfortunately these articles are lacking real world examples of how the fees can transition into equity, or simply true examples of GP vs LP deal specifics.The articles speak to the 70/30 or 80/20 split of the cash flow after the 8% preferred but I'm more interested in how equity is split between GP and LP from the onsetMight anyone be able to share a few examples of how you have structured acquisition fees and management fees and equity through non tradition contribution?

I don't know about him but i would prefer to take $11k now and work with some new client on some new deal rather than $0k and start all over "because I deserved double that". 

I’d prefer to get a 30yr fixed, but best option so far seems to be 4.87% and closing costs of $4,500 on a $60k refi.

I'd really like a year-round destination, preferably near a lake and mountains (not really interested in beach properties).

I would prefer to get the loan and maintain the current portfolio if possible. 

Every real estate investor should know everything in this book, "50 Real Estate Investing Calculations".I prefer to have all my books on Kindle so I can access them anywhere in the world on-the-fly.When you first look at a property for sale the numbers always look boring and the basic numbers at the time of the purchase are meaningless.

It depends on their preference and discretion as an independent contractor.... unless they're an employee of brokerage.

These are all personal preferences but should be considered as a factor. 

It will most likely end up being converted to middle income housing on the 2nd and 3rd floors, and then the 1st floor and basement could be utilized as retail space (assuming the building stays up, which is what we prefer).