But the things you'll spend that on are real expenses.Its difficult to itemize the expenses.

These types of situations though very difficult do pop up occasionally.

I was just trading board messages with another member regarding how difficult it's been to find a residential/non commercial cash recapture loan, at normal interest rates, without waiting 6-12 months.

I am currently waiting on several commercial properties to close which include: a high-end spa/motel for $1,764,000 witha 14% CAP, a 10-unit multi-family apartment complex for $1,269,963 with a CAP of 8.40%, and again, several others in the process.

Well, if those are the real numbers, I'd say you're getting a hell of a deal...Looks like you'd be buying with a near 17% cap rate, 30% COC return, and 31% total return...in fact, if you could turn around and sell it as a 9-cap, you could immediately turn a $250K profit (even after selling fees!)...

A lot of major cities have put a cap on the number of billboards.

After the adjuster for the hoa came out to assess, the missing caps, they all mysteriously started appearing back on the holes.Any thoughts or feedback would be appreciated.Thanks.Benjamin Subercaseaux

:D And as you say you've not been a forum member before, please don't be upset if I politely tell you that it's considered bad manners (a breach of netiquette) to type in all caps, because it SOUNDS LIKE YOU'RE SHOUTING.

What is the reasonable cap rate or how can i determine the realistic cap rate?

Posting in ALL CAPS is considered shouting and is generally looked at as rude behavior online.