For example if you used $12k to purchase and $38k to rehab ($50k) total then you would need to increase the value of the property to $215k if you are able to refinance out using a conventional loan at 80% LTV.

Sometimes you also need to make it cashflow positive, lots of ways to do this in Calgary (renovations, adding a garage/renting a garage separately, etc)DM me I can send you some examples

Hindsight is 20/20 as the saying goes, but this another example of a hard money lender doing the borrower a "favor" my not requiring title insurance.

The characteristics of this tenant segment have a significant impact on your rental income.For example, below are the characteristics of the three major tenant segments in Las Vegas.

For example, (for a normal buyer) on a half duplex your total monthly payment to own a 300k place would be 2484 whereas rent on that same unit is going to be 2100 to 2200. 

For example, if I wrote off $20,000 of deductible expenses for my property in my personal return and my effective federal tax rate was 25%, then I would expect the see an additional $5,000 (25%) included in my tax rebate for that year.

Rather than provide an example using commercial property, I’ll use the example of a property I purchased two months ago as a personal (2nd) residence, from the viewpoint of the seller.

So for the example above, the payment would remain the same until maturity but you'd also be paying interest on funds that you haven't used yet. 

(Example 8% pref return, then 80/20 split until achieve 15% IRR, then 50/50)  The main reason most syndicators offer a preferred return is because people that invest in mutual funds feel like they are guaranteed as high a return as they would get in the mutual fund. 

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.