@Brad Kanouse I have an idea that doesn't involve drawing from your IRA.

Blackstone’s non-traded REIT now owns about half of all the real estate within that sector, according to NAREIT.Setting a priceRAD sets its share price by tallying its net asset value — the total appraised value of its real estate and other assets, minus any money it owes or other liabilities — and dividing that figure by the number of shares it has outstanding, according to the circular.The last time it publicly broke down its share-price calculation was on Sept. 30, when the stock was selling at $18.52: a net asset value of $27.3 million divided by 1.47 million shares.RAD’s properties are appraised, in part, based on the income they generate as rentals, according to the circular.But some of the rents in the document’s inventory of RAD’s holdings appear to be overstated, in light of the buildings’ conditions, as characterized by L&I.

@Lambros Politis Cap rate is is an unlevered analysis calculated by dividing the NOI by the property value.

Hard money typically refers to a company that has it's own underwriting guidelines, rates (9% - 15%), costs, draw process ect.

Draw a hard line and stick to it. 

Divide 172k by the new cashflow per month.

Looking to add some unique features as well, but some of the draws would be a hottub and stocked pond to fish from.

It's going to be your [Gross Income] divided by [Fixed Expenses].

They have a 5 year draw.  

I'd love to hear more about your experiences and what draw you to take that first step in both buying a business and subsequently selling that business if you'd be open to it.