I really like to keep a close watch on my investments and living within access to them is the best way to insure the property performs to my standards. 

When the building is fully rented allowing for a 10% vacancy the NOI will be $136,800.00 which will put the value around $1,700,000.00The refi I have in place at current rates will give me about 200K cash out and 50K cash flow a year.There's a ton more I could add in here but it's already a long post.

I didn't want to use a partner, but it sounds like that"s going to be best bet to get off the ground.Thanks again.

Best of luck on your journey!

What is the best tool you use as a real estate entrepreneur that would have saved of a lot of time and money at the beginning of your journey?

The capitalization rate, or cap rate, is an invaluable metric that quantifies the expected rate of return on commercial investment properties, like apartment buildings.

This is because HELOCs have shorter terms and higher interest rates, so it's intended to be paid off quickly.

I suggest contacting a few and having phone conversations with them to find the one that best fits your needs/situation. 

We bought the house in 2021 and have a 3.5% interest rate. 

Hey BP Fam- What is the best hard money lender for someone who is new looking to fix/flip?