I feel like i'm watching a old Money Mutual ad :/You hit the nail on the head.

@James Miles, Yep You got those numbers nailed. 

& Account Closed Just nailed the answer with a similar take: if you don’t know the numbers amen how they’re derived, your fudge factor will be too far off regardless of which tool you use. 

@Caroline Gerardo  nailed it unsecrured not for operating money or equity they need for senior lender. 

Any time you have a partner you really need to nail down the operating agreement.

@Michael Zahr As a real estate agent in Houston I feel that @Jason Bott hit the nail on the head.

I wouldn't buy it unless I could nail down the rehab costs.

If I have those nailed down I’m pretty comfortable on the other aspects.

I'm in my second year of business and, while I'm doing well and profiting, my personal DTI ratio is crappy-- are there any tips on how I can nail down an FHA loan?

I have other deals I can look at where the NOI is similar and can get them at a 7% capOne word of caution, don’t assume insurance can be cheaper (next to lake) and for electrical if they are all off one meter or units are wired together to Submeter could be near impossible or very expensive.