Just handle it on the debt side.

The property mainly needs roof and HVAC work.Thanks for your input,Ian

The property mainly needs roof and HVAC work.Thanks for your input,Ian(Note: I posted this in the Creative Financing forum but soon realized that this would be a more appropriate forum)

It is a slower process for me dealing with work, family, and debt, but I know I will continue to grow more each year and hopefully a lot faster with some partners.

His main concern is time to sell the property once we are done with the rehab.

Main thing is just having a potential negative impact on the value.

I look at the Gross Income and then do 50% of that to = NOII look at the purchase price and do 7% interest to figure out my Debtand then I subtract.Example: $2million purchase price300k Gross income150k NOI140k Debt= 10k Cash Returns a year

I look at the Gross Income and then do 50% of that to = NOII look at the purchase price and do 7% interest to figure out my Debtand then I subtract.Example: $2million purchase price300k Gross income150k NOI140k Debt= 10k Cash Returns a year

Their debt to income ratio is making a conventional loan option difficult for them.

I mean positive cash flow is what results after paying all expenses plus debt service.