It's easy to blame mistakes in rehab estimates or estimating ARV for failure, as those are things that you can blame on outside factors ("My rehab estimate was off because of all the surprises I ran into when we opened up the walls!"

I'm glad I ran into your posts as I can't tell you how much I have learned from you, especially on the subject of CAP rates!!

I'm confused because I ran all this by my mortgage broker and he didn't say anything about not being able to have two high ratios.

After making my initial post I ran across the other books that are sold on the site as well.

I ran the same numbers up there and was sold.

I ran out of cash and place the repairs on my credit card.

I found that no matter how much researching I did, comps I ran, prepared I thought I needed to be or how many scripts I came up with, I will very rarely get through those scripts.

Nina is passionate about real estate as one of the best investments over time and feels very fortunate to be living and working in this city of a culturally diverse population, unique architectural beauty, breathtaking historical buildings and museums, and astounding lifestyles. 

This is only possible for high networth individuals and institutions with the capital- and staying power to invest and last longer than 12 years.This was just a brief journey into cultures that defy wealth creation from the bottom up.

I ran these numbers using 30 year fixed loans with rates ranging from 3.5% on the low end to 4.75% on the high end.