All Forum Posts by: Brandon Stevens

I have been looking at multi-family properties up to 4 plex. I'm in Seattle and there isn't much inventory so I've been looking around in Tacoma. Does anyone have any advice on investing in 4 plexes in either the fir crest area or the stadium district? Is fir crest a good area to own a multi-family? I would also appreciate any other areas i should consider either inside or outside of Tacoma.

0 Votes

I would check the Secretary of State website. They usually have forms for you to do it yourself.

1 Vote

I believe Washington Federal does a lot of portfolio loans and they have decent rates.

1 Vote

Originally posted by @Grant Greene:

Brandon:

Welcome to BP! Given the fact you're up in Washington, I feel I can offer this piece of advice to you without it coming across as a "pitch" for your business.

When you are about to "throw yourself" into this new endeavor or REI, I would strongly recommend you meet with a mortgage/financial professional first. When you meet with him/her, he/she will ask that you share both your short-term AND your long-term goals. Then, he/she will be able to help you construct a plan that will enable you to reach your short-term goals and reap the benefits needed for the proceeds and resources that your long-term goals will require. All too often, new investors either overdevelop or spend their money too fast - both of these behaviors derail their plans and stops them woefully short. If you don't have a mortgage person yet, I would strongly recommend reaching out to a couple of investors you know in your area and asking them for a referral.

I wish you the very best!

Grant

Thanks for the advice. I'll be doing that within the next few weeks.

0 Votes

I moved to Washington recently and would like to get in to real estate investing. I'm currently practicing as a criminal defense attorney but would like to move into real estate in my legal work as well.

2 Votes

All Forum Posts by: Brandon Stevens

Brandon Stevens has started 2 posts and replied 5 times.

Post: duplex to 4-plex in tacoma

Post: Setting Up an LLC

Post: Started a Business, QUIT MY JOB! .... Now How To Get Funding?

Post: New member from Washington

Post: New member from Washington