Here's where it gets odd.Jack wants me to be the sole borrower on the property, on our joint project.Jack wants me to not tell the bank about my source of rehab funds because it'll "complicate things with the bank"The bank has capped my borrowing limit at $250,000, which is above the necessary $295,000 to do the deal.As a workaround, Jack will be the sole provider of rehab funds (personal funds, cash)Jack wants me to give him one of my personal checks so he can write future offers.Is this a strategic way to expedite the rehab-lending process?

Based off the deals we've analyzed, the cap rates are too low and the prices are high for the gross rents.

Considering the cap rate compression and the amount of new starts in all the major cities what do people think will happen to values in the next 5-10 years? 

I’m finding properties with very low cap rates.

My other concern is cap rates are relatively low between 6% and 8% max (cash on cash). 

It's very difficult to find an actual manager or hire a private party as there are liability and insurance issues. 

So we have no interior pictures to give an idea of number of units, no current lease rates, cap rate, etc.

Feel free to reach out for help with comps on properties that a difficult.

You might try asking for what I got from my one of my lenders,  they offered a 15 year note on a 5 year ARM with a cap of a 3% rise in rates. 

Similar type of renter market, decent cap rates, and appreciation has been very good.