I have seen 85% LTV on a purchase and 80% on a cash out refinance.

Bought a triplex in 2011 with all cash in my retirement account.

It's probably worth 625k now What was the outcome?

It's called Lifetime Cash Flow.

- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.

Purchase price: $165,000 Cash invested: $35,000 That's right.

You are not even scooping your initial investment so your cash on cash return is negative.

Quote from @Robin Simon: Quote from @Jonathan Greene: To me, cash only is just cash.

I am located in the Dallas-Fort Worth metroplex and looking to acquire multi-family properties.

I know its mean to say that people who do their own contracts get what they deserve, but you must know that if you are paying a couple hundred thousand dollars for something it just might have been worth spending $600 on a lawyer to do a proper contract for you.