Adult Family Home Purchase (Elderly Care) / Agents & Brokers

[Alvin Kariuki]

I’m a recent college graduate and I am trying to help my mother but her first home. She wants to open an Adult family home in the Seattle Metro area. We have been having trouble finding trustworthy Real Estate agents and loan brokers. With my limited knowledge on Real Estate, it has been tough analyzing deals and finding all available homes in the area. We prequalified for around $540,000 with our current broker. For anyone with experience in the field, how does one go about meeting government regulations and rehabbing a home without high vacancy costs? And more importantly, how would I locate the best deals available for what we are looking for?

[Sherief Elbassuoni]

@Alvin Kariuki, for AFH, you may need to close on the house first, then make some updates like adding rails, ramps, showers instead of tubs,.....

You will also need to get a license or team up with an operator who runs the business on your behalf