also make sure to use a  relaistic  future  property  tax  figure and not the   present  property  tax amount  ...since this  sounds  like new  construiction - you will need to make sure  you are  using a  realistice  tax  figure  .....avoid FHA  as this  add   costs to the loan ( UFMIP ) and  the higher mtg ins ....maybe ask a relative / parent to  be a  non occupant  co borrower ?  

There are no rules, but as many other have mentioned 10% of the equity is a benchmark for a co-investment.

We (family) are in the process of refinancing a 152 unit apartment complex and have some very attractive offers.  We will remain below 50% LTV even after the refinance.  Is there a reason to prefer agency lenders over...

There's 4 co-workers staying at 4 apartments pretty close to each other in an apartment complex. 

When you say that the title co sent you an amended report with this removed . . . did they list this as an exemption on your title insurance policy, or they removed any mention of the lien from the soon-to-be-ex?

Jeff's comments are very thorough and make a lot of sense.Maybe your grandfather would co-sign a loan while you work on your credit score, income, debt-to-income.Or, BRRRRR a 4-unit or larger, or a mixed use, and get a commercial loan.

But depending on what I buy as multifamily which I was looking at buying and starting my business in Colorado Springs area and make about $1200 passive income.

Hi Garrett,Just off the top of my head, here are some of the steps you might want to take.Seek a construction lender for the job as as well as a lender for when you are stabilized.Find out what the Lender Requirements are for YOU (and your Partners and Co-signers) and for the Project, and work to meet the requirements.Open your dialog with a Lender(s) early on, and keep an eye on interest rates if they flux up you may want to reconsider doing your build.Talk to an Architectural Firm (that has built recently in the area) apartments of the size and type you are wanting.Ask them for some rough (You Spend) figures with timelines on them and see if that matches your Vision for the project (be ready to take out your checkbook for this).If it's a GO, have them recommend a General Contractor for the job (that has built recently in the area) apartments of the size and type you are wanting.If there are tax incentives tied to the project for certain renter classes have your CPA figure that into your projections.Consider any "Dirtwork" (soil engineering for poor soil) or required "Drainage" costs on your chosen site (or shortlist of sites).If it's a GO, tie up legal control of your building site.Note: Big construction can Bite you in a Big way if you have little experience in it.

My markets are in the San Francisco Bay Area, Denver, CO and Fort Collins, CO.

Do we hire a property management company to deal with him and he can send his complaints to them and they can deal with his lawyer letters and legal letters he’s getting from his lawyer friend (for free, so he isn’t even having to pay a lawyer for help...but of course I would have to pay because I don’t have a lawyer friend...) and the PM co can deal with him until they can get him out?