My plan is to lease up this property and keep it full for the next 18 months and refinance to cash my investor out.I know that multi-family properties are typically valued based upon their NOI so my questions is this: Will a lender give me full credit for the higher than market rents I'm able to generate (and demonstrate documented proof of) due to my unique business model or will they only credit me what market rates would be?

ReyThanks for responding.You appear to be selling what can only be considered 'real estate' or an 'investment' or probably more accurately a combination of the two.Why not procure the proper registrations for your firm, either as an investment broker/dealer or as real-estate broker, or both?

Miami I'd say is certainly a unique case, due to all of the foreign investment that goes on there as well as the fact that a lot of the sales are to people based in other parts of the US buying 2nd homes.

Unique property.

That keeps them from being considered a "lender" in some cases.Either way, your situation, like all others will be unique, there are many ways to skin the cat.

Success is always a result of effort, which is a combination of time and intensity.

This makes it easy to meet the Patriot Act requirements on proving the source of funds as well.She is not unique except that she was the first to invest with us.As for the third party accreditation services, I am told by my attorney there is no case law proving that provides any protection to you.

My point is that I don't understand why you fixate on a crappy property that requires lots of effort unless the upside works uniquely to your benefit.

Have a bit of a unique situation.Got a tenant in a SFR 3/2 property.

While this installation has been educational and well on its way to paying for itself, recent advances in photovoltaic system (cost/efficiency) combined with heat-pump hot-water heaters has us at a point where is may be more cost effective to heat domestic hot water in this manner than using solar thermal.