Second way is to simulate doing it - he recommends the game of Monopoly - which was originally designed for business school students.

Hi Jamie, I just wrote a post today on the Bigger Pockets blog that explains how a simul close is done.

This isn't some sort of investment simulation funds to play with on a new brokerage account.

I've seen mortgage inquires have zero affect on borrowers.Shawn hit the nail on the head mortgage inquires during a specific time frame will only count once although they will show each time.Here is a link to thread where I just addressed this.https://www.biggerpockets.com/forums/311/topics/310884-credit-run-buy-unknown-sources-multiple-times For more info I'd suggest checking out myfico.com  This post is 100% correct, especially the part about FICO treating their exact algorithms as a trade secret.Very expensive "FICO simulator" software that we use internally that lets us throw "what if?"

That 25% is to simulate vacancy, maintenance, capex, etc. 

Ryan:When we first created a set of spreadsheets and then wrote a small application to perform some scenario simulations, the BP calculators did not yet exist.  

Wood paneling / simulated wood paneling - as seen in the pictures, its everywhere, including a really cool step-down-into library where its wrapped around the whole room with shelving (see picture 3).In my last flip, we painted wood paneling like this, but it wasn't so much of it. 

I'm also not sure how to simulate syndications using that. 

There are some sites that have "score simulator" programs that you can mess around with that will help you understand what is affecting your score and see what effect certain actions will have on your score.

Simulated Analysis - I'll take atleast one of the above properties and do a quick analysis on it as both a flip and a rental property.