Or you always get the interior paint estimate close but exterior is 20% over what it could have been because more times than not there is some rotted trim that needs replaced and primed that couldn't be seen in advance.I put an overage percentage in my calculations but it is global.

They state over my entire portfolio my Global Cash Flow is below their standards. 

I should expand on this by saying this particular property was not in offensive condition.

All you can do is state your case, show rehab, good record since the offense, apply and see what happens.

Also the depreciation laws for tax savings have a couple of major loopholes which can save you a large amount on income tax.The negatives are close to zero capital appreciation, a declining population due to the lowest birthrate globally (currently dropping 250,000-300,000 people a year), floating rate on most all bank loans (although it's a near certainty these won't be going up anytime soon as its been said if interest rates in Japan hit 2.5% the government would currently go bankrupt), and the highest debt to GDP ratio of any country in the world putting a dampening on future economic outlook.For net yields you're looking at 3-6% in and around Tokyo, 6-8% in the other major cities, and closer to 8-10% outside of that, although there are always lots of exceptions.  

Fortunately, things have worked out.Let me ask you this question, how many MF loans (5+ units) went into default during the Global Financial Crisis?

Theft by Fraud is a criminal offense.

'Building it' takes time.Please accept my apologies for any offense, Sharon.

I bailed many a flipper out in 08 who were counting on helocs to carry the day only to have them frozen like the North pole ( pre global warming.)

It seems like most economists I have listened to and read do not believe that the current global debt load can support a dramatic increase in rates, and for that reason the Fed will not stress the current interest environment much further over the near term.