When it comes to purchasing a “value add” project you can expect to pay 8 – 10,000 less per door than these figures (give or take) and then inject approximately 3- 5000 of capital per door thus having the remainder for your profit.

If I have to invest 30k cash for a 20% downpayment, then another 90k for repairs, that's 120k total cash injection.

Well it appears the folks regulating The JOBS Act had an axe to grind with NASAA and gave us some gifts for Title III:SEC Quietly Injects Life Into Title III Crowdfunding Solicitation!

Lei,As far as wall paper bubbling, take a syringe fill it with glue / wall paper adhesive, poke it into the bubble, inject a little glue or adhesive and then take a straight edge ( like a credit card - better us of it then using it spend money) and press out the air that is trapped behind it, and it will spread the adhesive , and your done.

The up side to buying is increasing rents to market based on their present condition not injecting capitol to do so. 

Although in non recourse that capital injection is not required, if you think about it logically at least the capital is there from one of the principals and thus lowering the risk to the bank. 

Zillow and others like them have successfully found a way to inject themselves into a process that IMHO should go to the brokers directly.

If not, the LTV seems very high at 96% since most lenders require 15 -20% of equity injection.

We just assume those big CapEx expenses are coming down the line.I do think it's much easier to fudge these numbers if you have a full-time job and can inject some money if necessary.

Banks can be open to allowing for a 2nd, but any conventional lender operating today is going to require you to inject some of your own funds.