Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
1031 Exchanges
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated 4 months ago on .
![Vince Mosca's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3076037/1721012573-avatar-vince1.jpg?twic=v1/output=image/crop=1164x1164@61x0/cover=128x128&v=2)
Private money loan
Investment Info:
Large multi-family (5+ units) private money loan investment.
Purchase price: $1,435,000
Cash invested: $3,010,600
Sale price: $8,400,000
We identified multiple lots around the light rail system in WA, where we felt that properties are going to
increase in value significantly, these lots were re-zoned from SFH to multi-family (MUR35
mostly), we have developed, permitted and starting to build:
8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes
23007 55th Ave W, Mountlake Terrace – 7 townhouses in a walking distance from the
light rail station, in planning stages with the city of Mountlake Terrace, WA