Denver's not quite the coastal big cities in terms of price, but it seems determined to one day match them.

Something built 5 years ago can probably go with a low CapEx, while something built 50 years ago, and is still hobbling along on the same appliances, will likely see some big expenses coming up soon.I have looked at dozens of properties, and not a single time have I found that my calculation of Cap Rate matches the advertised Cap Rate.

But Navy Federal matches anything up to a certain % and if they CAN'T match, they GIVE you $1,000 I think as a "sorry". 

I am starting a new job and as one of the benefits, the company will match dollar for dollar up to 3% into an IRA. 

Once you start getting into the commercial world you tend to see more 'creative' options but one commonality I hear a lot of is that a 5 year balloon term or at least matching a market interest rate is common in commercial type lending. 

Try to match the condition, and that should help you reach the target price.

When you decide someone isn't a match for you, a short and simple: "Thanks again for your time.

For each of my investors, I am trying to make sure I present the opportunities that match their needs and what their individual standards for value.

Hi @Theodore Arzt yes sometimes they have a property manager or the owners wife, so the name wont match on the town records.Usually the ones that are this sketchy from the start don't make it through to the end like you found out.The rental market in Connecticut slows down a bit this time of year.Is your rental priced competitively? 

This is value add opportunity- rents had previously been under market value (450/month) and since acquiring the property and renovating it, the management team recently raised the rents to match market value in the area (525/month) The property is projected to generate over 25k of monthly income, a cash flow of almost 11k a month, and the annual cash on cash ROIis projected to be nearly 32% This would be my first large multi-unit apartment deal and I’m looking to either obtain a commercial loan for the property or (ideally) find private/hard money lender that would might also (eventually) serve as a partner/mentor/associate/eventual first to a smart, hardworking, and ambitious young real estate investor.