This way you have the support and accountability from a partner without the legal implications.

Whats up BP, I want to make an offer on a few REOs with my realtor but I don't have enough money in my bank account to cover the proof of funds.

I don’t account this upside for in my modeling which says I should see 9-15% which assumes 3-5% appreciation, 2.5% rent and cost growth. 

The only item that I haven't found is how to account for loans on the balance sheet. 

You might call your Insurance Company and just ask them.....Are they wood or metal?

I am not an economist but I also know they "changed the rules" when calculating inflation and used to account for the borrowing rate in that calculation which they no longer use (which would have let us know inflation was around 15%+ recently at the peak and not 9%). 

It's always a bit of a red flag to me when there's no mention of the people behind the company on the website.If you're looking to invest in Detroit I'm happy to help.

I am hoping to use a local credit union to get a better rate + pament terms.for capex/vacancy etc. what %tage of my monthly rent should I take into account?

@Michael Plaks @Randy Rodenhouse Account Closed This is all really good info and exactly what I was looking for, thank you.

I would appreciate it if you could pass on any recommendations on areas, furnishing companies or Property managers you’d suggest.Would be of great help!!