How would you describe the cap rate on this building.

I have tired with one bank but I am having a difficult time because the properties are under my LLC and the bank I am currently working with is combining my personal debt with the business debt and apparently the rental income might not be high enough to get approved for the loan. 

We are currently looking for our first real estate property; multi-family to be exact, and have some questions regarding expenses and cap rates:1.

That's at your ordinary tax rate, but capped at 25%. 

They're easy to buy, easy to finance, easy to sell if you need to, and not much more difficult to own/manage compared to a single family home. 

At this point I wonder if the listing agent was a reasonable guy trying to drop a difficult to work with seller trying to undercut him, he of course wouldn't disclose that to me.

(b) At a cap rate of 8.0 or higher for an occupied office building in a good area, whats the downside may not be seeing? 

It may, however, be very difficult to find a property that meets those criteria.

Stating you will pay for rehab part is not immediate skin in the game and will make it difficult to get anyone to bite. 

@Daniel Hanson that's a little off the beaten path, but not that difficult.