ABL, which is the basis for HML/fix and flip lending, will have different criteria and different focuses than multi-year loans based on cashflow and borrower credit score (long term mortgages).

Since my firm is an investor private client boutique, I do not share resources outside of my client base.

It is very algorithmic-ly dictated based on and numbers and percentages. 

My name is Sonya Waites and if you have questions, I don’t mind answering them based on my own personal experience.

You can get something that's turnkey or new construction at this price point, and most importantly, there's a strong tenant base ready to rent out these homes.

Sounds like you are going with a Fannie/Freddie type loan based on the cap of 2%.  

Not sure how old you are, and $200K in a 401K may be a little or a lot based on age, there may be so many implications taking out money from your $401k, especially if you are still working for this company.feel free to reach out for tax advice

Our software has an option to have someone who looks at our pricing daily and tweak yes. 

I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).

We’re an MHC syndicator based in San Diego with a 15-year track record of strong performance.