It will also show you what costs you must consider in your expenses that may not be immediately obvious.http://realestateinyourtwenties.com/blog/how_to_analyze_a_multifamily/Lastly rentometer.com is a good resource for estimating expected rent in your area to get ballpark anticipated income for the units in the multifamily you look at.

REI;Yes, I have invested in pre-construction, in the past.However I live in TX, land of 2%-3% appreciation so I no longer do so.As of today I can't think of anyplace in the US where I would even consider doing so again.As to why it's unadvisable to do so in a flat/declining market: Unless you believe the developer/builder has no clue about market trends, you must believe that he is selling at the (anticipated) market price at time of completion.

If you anticipate a long hold for any reason, say more than 4 months from purchase to sale, thenyou have to adjust your numbers.

Until I buy, rehab and sell, it can be between 3 to 6 months on average, so I wouldn’t need to make a 30 year loan and reimburse it with anticipation.

Regards,Scott MillerWhat is the anticipated property value after repairs have been completed?

You also have to anticipate that something negative will happen so your partner might change their position.

I currently live in Southeast Texas, but I anticipate moving to Tacoma, Washington within a year.

Today people routinely live into their 80’s and 90’s and can anticipate a couple of decades of retirement years.

It will be good experience.Do not be surprised if what you are thinking is something that was anticipated 1 or more years ago by a developer.

I was planning to pay cash for the house and rehab costs and then refinance, but after reading some of the posts here, it looks like that may be harder than I was anticipating.