Then Total Costs, less financed amount, and less money you previously deposited ($4k) equals cash to close.The only way cash to close would match closing costs, is if you had put down your exact required down payment, and there were no tax/ proration adjustments.

For something like that, its best that the LLC hire a property manager.End Quote.So performing s service equals adding sweat equity to your property.I have seen no official court cases to prove this as being false.My 2 cents

I believe that both philosophies are crucial to the beginning investor.  

We've also butted heads quite a bit in what feels to me like a power struggle because he's rather arrogant (he believes he's among the best contractors in Atlanta and in the entire state of Georgia, despite no evidence that that's the case), very headstrong about wanting an equal share of the business' profits and an equal level of authority, despite the fact that he's clearly not pulling his weight and is slowing things down dramatically.

But, a more accurate name would be “Historic Central Everett.”The view neighborhoods to the south along the bluff down to Mukilteo and behind are equally nice, well-maintained and relatively pricey.

Shouldn't the NOI and Expenses equal the Gross Income?  

Once you get pre-approved it is easier for the lender to give you an idea of what kind of terms they can offer.Real estate is a relationship based business and having a good hard money lender on your team can add value to your business by..Having an advanced knowledge of the markets they lend inConnecting you with other business professionalsHelping you close deals under time sensitive scenariosOffering free resources that can help give you an edgeWith that being said not all HML's are created equal.

Below is all the information that I have currently but I get the feeling that I'm missing some pretty crucial pieces. 30 bed 15 bath10,000 sq.

@Damien Shoemake @Devan Mcclish I'm about 5 years late to this thread, but I've got a meeting with a seller for a property in Madison that's OR20 on .14 acres (which is technically 2.8 units, so I'm not sure if that equals 3 or 2).

My NOI is pretty much equal to the debt service coverage but feel that my compensation I will be receiving in terms of the property mgmt fee I have built in, I should ok.