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Updated over 8 years ago on . Most recent reply
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Buy and Hold Deal need funding In the Seattle (Everett WA) area
Please check out my deal please feel free correct and let me know and ill make changes as well if it looks great.
Am looking for a partnership on this as I am new investor I am willing to offer something in return for mentor ship and funding.
Thanx BP.
https://www.biggerpockets.com/calculators/shared/252207/40626067-58aa-4512-a618-51c804843bef
Most Popular Reply
I don't know off the top of my head what the rental rate for a SFR would be in the Everett area, however, I do know that the ratio of rents to purchase prices is too far off for me to want any part of it.
CoC: yes, most investors I have spoken with are looking for 8% at a minimum, and that only if there is another angle such as solid appreciation prospects, or a potential expansion and value add.