Posted by CarolFL on April 25, 2007 at 07:12:43:
The short answer will probably be cash flow and resources. Overestimate everything - expenses, time to completion if there is work to do. Underestimate income (for your own purposes). Then add a ‘fudge factor’ to cover the things you haven’t thought of. There’s nothing wrong with using an asset to acquire and asset, as long as it’s part of a workable plan.
PS Would HIGHLY suggest investing in Ray’s Dealmaker’s Guide to Commercial RE. Commercial is ‘another world’… great fun… but different game, different rules,and different language from residential.