70-30 until you can pay back original dues.

Originally posted by @Redgy Saint-Germain:@Dina AbbottI dont see anything wrong with a tenant making " improvements " to add value to your property.

Originally posted by @Raymond Brown:Are there any reliable mortgage companies out there that lend 90% LTV on multifamily homes?

Originally posted by @John Dreher:Thanks for the reply, Andrew.

Originally posted by @Brian Schmelzlen:Hi Charles,I disagree with you about a 2% annual growth in revenue and a 2% annual growth in expenses would result in no change to the NOI.Lets say annual revenue is $10,000, and annual expenses are $5,000 (for easier math). 

Originally posted by @Michael Sato:Congrats Charles Thank you, it was a team effort.

Originally posted by @Eric Schwake:@Jay Hinrichs I've run some calculations on the property I was looking at and it looks like I would bring in around $600-$700 month after expenses.  

Originally posted by @Douglas Skipworth:As a quick follow up on this post, I introduced @Caleb Heimsoth and @Ben Roberts to Brighton Bank via email and the loan officer already reached out to them within two hours. its a great way for a local bank to meet their CRA requirements..   

Originally posted by @Charles Hura:Hi - I am doing my first cash-out refi on a 2 unit I just closed on. 

My original intention was to clear the lots and install utilities, then just sell them for 2-3 times the purchase price.