There is an "arrears" that has to be identified and paid out of pocket before the sale or the loan needs to be paid off in full. 

minimizing free cash flow with larger mortgages or shorter term mortgages takes the cash flow which would be taxed and puts it into the amortization of the loan. 

After inputting all the data, they provide a review that includes cash flow, Cash-on-Cash (CoC) ROI, and even a graph to estimate the property's growth through appreciation, yearly cash flow growth, and loan paydown.

They have unsecured creditors of over 5 million dollars and secured creditors as either loans on properties and/or owners of properties.

Quote from @Zachary Deal: One thing to keep in mind if you are doing this is that you are likely to create "functional obsolescence" which could mean you are not able to get a new loan against your property and it can be difficult to resell as well. 

@Nate Jenks no problem, here to help and clarify.When we speak to "cash out" loans in lending the maximum loan amount is usually 80% LTV on a primary home. 

It depends on how long it takes you to complete the rehab and what type of loan you take for the refinance.

Here's a quick summary of the Fannie Mae Home Style Renovation Loan:The Fannie Mae Home Style renovation loan program can finance the purchase and renovation of a home in one loan.

ABCs of Real Estate investing is a good one too.

I am curious if I can use a DSCR loan on such a small apartment building?