you'll need a portfolio or commercial lender who is typically a local community bank or credit union since conventional max cash out on 2-4 unit is 70% LTV.In WA state I know commercial lenders who go to 80% LTV on cash out with 30 year amortization, 15 year term, 5 year fixed, adjustable every 5, with 1 point in loan cost.

The reason being I presumed I 'exited' in year 11 at a full FMV vs holding an additional 5 years to achieve a FMV sale price. 

Depending, on what you want to achieve, asset value >? 

I know it’s a lot but it can be done since there are already so many successful investors here that show me all I need to do is keep going and ask questions.Thank you in advance to anybody who takes time out of their already busy day to help a noobieCarlos@Carlos Quiros Given the prevailing interest rates, you may encounter challenges in achieving positive "cash flow" based on your estimates in almost any location with a small down payment.

You need to find something that drives you to succeed....a goal, a lifestyle, a personal achievement.

For what it is worth, the numbers look goo to me, but buying a lower level 22 unit is jumping in at the deep end in my opinion. 

Business success is achieved by finding and fulfilling a need, the solution to which can produce a profit of some kind for the recipient as well as the provider.

That would significantly delay the timeline in terms of achieving my goals. 

I have a flip that does not have a working A/C unit.

Otherwise, they are too vague and rarely do you end up achieving them.