I haven't been able to come across the answers on the Intuit and IRS websites yet.Thanks,David

I mean something intuitive, without having to do the whole calculation.Thanks.

As the owner of 87.5% of the units in that building, you should have a big say in how things are run in that building.Without knowing my numbers, my intuition is that it would probably make sense to acquire the last unit if posisble.However to know for sure, I would  run a comparison analysis between keeping the units separately or pricing the building as a one multifamily.I would use the statements from the HOA to know precisely what my expenses would be.

Regarding your question, intuitively you'd think a bank would only care about NOI/cap rate/equity at purchase vs when you refinance, but I may be wrong, hopefully others who have been through the refinance process can share their wisdom.

It takes alot of intuition psychology and verry hard work to sucseed in this business you have to love chalenges its kind of like paying off a 30 year mtg but the more you learn the easyer it becomes theres alot to know from begining to end most important is working for someone that you can trust if its your own business then you should do fine but you cant do it all by your self originate process underwrite track the loans etc etc etc.......

David Allen's Getting Things Done system is frankly the most intuitive and practical system to organize tasks and life I've ever seen.

Anyone that got any type of loan over the last 10 years could have found a basic loan tutorial on the web with some fairly intuitive keywords to determine the ramifications of what he or she was getting into.

Most successful investors trust their intuition, that inner knowing or that small still voice to lead them through the door of the unknown.

It didn't hurt me.Seeing the amount of increase in tuition at the public universities just pysses me off even more about these moronic politicians, particularly at the state level who keep taking these "no tax increase" pledges.

It automatically generates monthly rental invoices, reoccurring bills like sewer bills, and has great reporting functions.Going even further I got set up on IPN (Intuit Payment Network) and now I email my rent invoices to my tenants and they can click a link, and pay me online, I then just click to receive the payment and everything is recorded instantly.There is a learning curve to some extent.