A colleague recently closed on a 12-unit property in San Antonio and shared that a 6.8% cap rate, combined with lower property taxes, made it a no-brainer.

Is this using a 20% down, conventional or DSCR loan, although I would think a first time investor would use a conventional loan.

Last year one of our lenders would not lend to new customers or customers who have never did a commercial loan with them.  

Yes the product might be Real Estate but the LP is just loaning money.  

If done right most of these gains are tax-free- $40K in equity capture (profit) with $20K out of pocket and 13% cash on cash thereafter (300%+ returns)- $24K of equity capture with $32K out of pocket and 36% cash on cash returns thereafter (75%+ returns)- $41K of equity capture with $27K out of pocket and 12% cash on cash returns thereafter (150%+ returns)None of the above numbers include loan pay-down or appreciation. 

So when the bank requires insurance for the loan amount.. that will work generally.. 

For "Foreign Borrowers" your loans are very limited. 

Are you looking for better loan terms from the lender?

I’m not gonna pay someone an hours wage to tighten down a toilet bolt or literally snap a cap on bolts or change 3 light bulbs I could do all that in less than ten minutes combined.

Do you have a significant other who could take out the loan?