Sorry I'm an A/V Engineer I need to critique, Audio quality was poor maybe tell your guests car Interviews maybe not the best idea....

My question is do I pay tax when I got to leverage the property with a mortgageFor example Property = $50,000 cash Rehab = $25,000 cash Total Cash investment = $75,000 cashBank lends 70% of Av= $100,000Do I get taxed on the Amount I pull out since it will be essentially cashed back to me?

Choosing option A vs B or C is different if you have other projects waiting for you in the short run (or hope to, even).

Here's the summary (somewhat ignoring the listing broker's analysis which seemed overly optimistic):28 Unit in Chicago's South Shore(6) Retail - (3) rented, (3) vacant and assumed to need moderate TI(14) 1/1 apt (8) studio apt Asking $845,000Assumed vacancy rate of 20% (applied to both retail and residential units)Property tax per the county stays flat (AV is 120k which is 10% of the EV @ 7.841% if I understand the assessor's logic correctly)Total Gross Income - $308,400 (annual)Retail (2) units 62' x 15' - $600(1) unit 62' x 30' -  $2000(1) unit 52' x 25' - $2000(2) units 25' x 15' - $600(14) 1/1 apt - $950(8) studio - $750Operating Expenses - $177,000 (annual)vacancy $61,680capex and repairs $30,840water & sewer @ $11760insurance $6000electricity $2400 (assumed tenants pay electricity and gas, thus this is for common areas)garbage $6480property mgmt $30,840property tax $28,200Thus NOI - $131,400Thanks again for any feedback you might have

My venue has microphones and screens, so from an A/V point of view, it’s all set.Thank you, Gary

I live close to the AV Mall and l'm available during weekends for meetings.I'll stay in touch,David

I’m in the LA Area, focused on south LA, Inglewood and the AV.

I gave had done local banks lend 85% of AV, but the standard is 80%.

Had a question about comping comps of a property just south of 6th av, compared to properties north of 6th av.( west of federal. )  I see about a 20k difference, but still within in a mile radius.

It is a V/R that is fully furnished and I just had the inspection and some of the appliances and furniture are in poor condition.