Instead of making spreadsheets with target ROI and estimated pro forma statements, learn the market.

When the purchase is made in 2 years, do I actually have to bring the $7360 ($4,000+$3360) to the table at close or just account for it on the settlement statement?

I'm curious how your cash offer got accepted without you having to show POF/bank statements

My phone number was included in the ad, plus the statement that all offers would be considered.

They will also want to see bank statements showing the cash with the same name as on the offer.

Your question about value is very local, so I won't even try and address it.As for the GC trying to tell you what the value of this or that is...UNLESS the GC is a bonafide investor who can show you the HUD statement of the last flip he made with his name on the deed, when he starts talking about ARV you need to PLUG YOUR EARS AND SAY 'LALALALALALA' IN A LOUD VOICE.In my experience, unless a contractor is also an investor, they are terrible morons when it comes to determining resale value and the value of this upgrade vs. that upgrade.

Marcus and Millichap has some pretty well-though-out (and accurate) financial statements for properties they are marketing in the area.

They will also require a YTD financial statement.

If you act as an advisor in any way, shape or form, you are expanding the breadth of legal actions against yourself by any investor's attorney should the investor later choose to sue you.First, the essence of the exemption from registration for accredited investors is that they have sufficient capital and are sophisticated, so that they should be able to fill out a simple personal financial statement themselves.

Is there a software I can buy, or do I simply use Excel's payment functions, and then get the seller to sign off on a statement each year (I know they should be the ones sending me a statement but they're very unsophisticated).We would probably close on the 44 separate properties in 4 batches of 11 properties.