I am looking to purchase 8 fully occupied rental properties in Cleveland OH.  I have it under contract for $320k and the GOI is $72,360 and the NOI is $40,939 a year which gives it a cap rate at 22%.  The value of this package is stated at $404,400.  I am looking for a total of $361k as a JV or just a loan which includes closing costs and rehab costs.  The portfolio is producing and my credit sco…