But personally in my state of WA, I can lend in 2nd position on a rental at very low CLTV and put a 1st on a new acquisition at a low LTV and I would take that loan all day, every day over a 1st position on an acquisition at 85% LTC.

IMO the info that Henry presented in the thread could have formed the basis of a guru course worth thousands of dollars.  

The remaining depreciable basis will be captured over future years.

According to the latest data, annual asking rents for apartments across the nation increased by 10 basis points, bringing the average growth rate to 1.2%.

We are still learning every day.

While nothing is ever perfect, we take feedback from our clients seriously and strive to do better everyday.

Your goal should be to have performance cap rates at 7-8% on something with a market cap of 5-6%, which gives you a healthy 200 basis point spread from the going market rate. 

It's so inspirational when I see someone take action every day towards their goal despite their limiting beliefs.You are crushing it.I will be following you and can't wait to see the great things the future holds for you.Thanh em oi! 

It's something they all seem to deal with on a regular basis. 

You can sit and watch the auctions happen live every day that they are occurring.