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All Forum Posts by: Larry F.

Larry F. has started 32 posts and replied 153 times.

Post: Letter of Intent Need a copy if available

Larry F.Posted
  • Wholesaler
  • Puyallup, WA
  • Posts 171
  • Votes 82

Hi All

Does anyone have a decent Letter of Intent? Would love to get a editable copy please.

Thanks in advance for your kind assistance

Post: Any Wholesalers in Puget Sound?

Larry F.Posted
  • Wholesaler
  • Puyallup, WA
  • Posts 171
  • Votes 82

I wholesale property in these areas. Thanks for reaching out. You can find me on Bigger Pockets. Hope you do so.

Cheers

Post: Average Cap Rate Spokane WA Multifamily

Larry F.Posted
  • Wholesaler
  • Puyallup, WA
  • Posts 171
  • Votes 82

Thanks much for the information.

Looking for multifamily properties that have seller financing. Let me know if you can find a project.

Regards

Post: Buying a property in Eastside Tacoma

Larry F.Posted
  • Wholesaler
  • Puyallup, WA
  • Posts 171
  • Votes 82

About 148 per square foot. Need to look at comparable sales to determine if you're at right price.

Post: Average Cap Rate Spokane WA Multifamily

Larry F.Posted
  • Wholesaler
  • Puyallup, WA
  • Posts 171
  • Votes 82

Thanks for the input. Are you buying multi family in Spokane currently??

Post: Average Cap Rate Spokane WA Multifamily

Larry F.Posted
  • Wholesaler
  • Puyallup, WA
  • Posts 171
  • Votes 82

Hi All looking a a 6 plex in Spokane. Owner claims a 8.9 Cap Rate. Does any one have a good idea of avg Cap Rate for multi family properties in Spokane.

Thanks,

Post: Cap Rate Average Spokane Multifamily

Larry F.Posted
  • Wholesaler
  • Puyallup, WA
  • Posts 171
  • Votes 82

Hey Folks trying to get a average Cap Rate for muli family properties in the Spokane area. Anyone have a number??

Post: Wholesaling involving cash deals.

Larry F.Posted
  • Wholesaler
  • Puyallup, WA
  • Posts 171
  • Votes 82

Would agree with 65% rule but wise to also deduct repairs as well. When you sell to an end buyer they're going to  appreciate that

Post: How To Find A Mentor

Larry F.Posted
  • Wholesaler
  • Puyallup, WA
  • Posts 171
  • Votes 82

Good for you and a wise choice indeed. I was mentored as well and have helped many people since. I do so because someone did it for me. Feel like I want to "pay it forward"

Please don't hesitate to reach out and am happy to help.

To your success,

Post: Great Fix and Flip or Buy and Hold South King County

Larry F.Posted
  • Wholesaler
  • Puyallup, WA
  • Posts 171
  • Votes 82

Yes, there's wet land around it. But calculation of 60 K in repair budget includes 10 K in drainage work to create drainage all around the home. Driveway is already there but unpaved but dry.

Hope that helps and yes good price that is reflected.

Cheers