You can still look for an experience investor looking to acquire another apartment complex, but instead, partner up with him/her and offer them a percentage of the cash flow and equity.

Then its a percentage based on that. i.e. if land is valued at 1m and you bring an addition 2m to build then its a 33/66 split.

If the big expenses were around $10k each, that would add an added 13 years to recover that cash, and this repeats, so you never catch up.The dollars (not percentages) you need to make, and use for analysis, must be based on your plan requirements...NOT some arbitrary number that you adjust as you go to make a property work.Your not going after properties...you're going after deals. 

I suspect that a large percentage of those are in a few cities like SF, LA, NYC...

@Victor LauWelcome there’s many places to invest out of state they can get you closer to that one percent rule I think more importantly you should focus on investing toward your goals not just towards a percentage that people say you should buy at.

I was wondering if the numbers on Redfin are fairly accurate, or do they just use a generic percentage across the US?

The bank may apply to HUD for a variance in the event that the seller has other liens that may be cleared with the sale, but there are guidelines for what variance percentage is acceptable also.  

If he leaves some in, he'll own that percentage of appraised ARV and we'll split the remainder of ownership/profit share. 

Hi -- if the ARV is $420k, what is your refi percentage?

Second, it's there are real estate crowdfunding deals that have investor names on the deed, too (and the percentages about the same).3) Exit strategy: It's incorrect to say that syndications in real estate crowdfunding differ this way.