@Elise Marquette yep I know it must be professionally appraised to ascertain the value, and what I’m trying to understand is how do I get the lender to offer me a loan based on that appraised value of $150k versus giving me a loan based on the $100k I paid (in which case I would not be able to pull out any capital to reinvest, and likely would not be able to pay back a hard money loan if I had used one to fund the original $100k of purchase and rehab).

Arguments could be made toward ascertaining the demographics, learning the median household income, etc., but really, sometimes you have to make the leap, especially if you are just getting into real estate.

Then, see what comparably-sized apartments are renting for in your area to ascertain your return on investment.The easiest, more immediate strategy would be getting a roommate.

We have looked at other comps in the area that have sold for 230s so that is what we expected to list at but with the higher appraisal now we are not as certain.

I would only like to ascertain if I am wasting my time in this market.Thanks everyone!

Review your loan documents to ascertain exactly what it is you promised to do. 

Today, however the vast majority of sponsors don’t offer this option.As a passive investor, you should decide which profit share mechanism you are most comfortable with.Step 5: Evaluate the Pro Forma AssumptionsOne of the most effective mechanisms to ascertain whether one is dealing with an aggressive management or a conservative one is by reviewing the assumptions used in Pro Forma.

In the end, I still decided to move to BC as certain pockets outside of greater vancouver still offer cashflow and growth.

The fact that there is no commission is not an issue as certainly there is some benefit in acting in the transaction, if nothing more than assisting a friend to buy a property.

Payments are made over time and the time value of money should be assessed, if there are any rent increases over time, especially if unknown, that will be difficult to ascertain.