And if anyone else has anymore please continue to feed this thread i will track it for quite sometime.Once again,Thanks to all, Andy

There are few ways to get to 90 LTV in commercial---they are:- 80% LTV Lender 1st + 10% Seller 2nd + 10% Down Payment- 80% LTV Lender 1st + 10% Unsecured LOC + 10% Down Payment- 90% LTV Lender 1st + 10% Down PaymentI would need to know the particulars about the property/cash flow before I could suggest alternatives---I'll PM you to continue this discussion.Regards,Scott MillerOriginally posted by "Urban Investments":I'd like to know about this too.

However, I am going to continue with the due dilligence to be certain with my assumptions.I'll keep you posted.Thanks for the reply....GreatfullyGratefully,

It is in a good area that is growing and I expect values to continue to rise.

It is a bet on appreciation where there is no guarantee that past performance will continue into the future.

Since you seem to have significant assets already, you will want good legal advice on how to structure your rental/investment business so an irate tenant doesn't try to take your existing assets.As far as continued high appreciation, I think housing prices are right about where the NASDAQ was in February 2000.

I would want to pull out money invested in the rehab to be able to continue on other projects.Would it be best to refinance the entire project?

Continuing to hold a CA rental could be a very low return proposition compared to other options (RE or otherwise). hence the logic of the investment might force you to sell in any event.

If the relationship works out, you will continue to work together indefinitely.

Well, actually, from Long Island, even worse.Back in NY, I ran a technology and telecommunications company for almost 7 years and before that, was CIO for a major financial services company in New Hyde Park, LI.Along with other family, we own several rental homes and continue to hold them.