Rates are a bit higher than conventional but if you're talking to the right people and have a strong credit score then you should be getting priced out in the mid 5% range which shouldn't eliminate cash flow on a great deal.

BUT, this was a stale deal with strong broker relationship AND very uncommon.1% is the standard I hear. 

I recommend a brick and mortar bank that has a strong online presence.

Economy is strong, prices decent, returns good.

If I was to hazard a guess, I would say expect to see some strong economic shifts in the next 18 months.

If you ARV is very accurate and your construction is on budget, it is usually pretty strong as a rule of thumb.

@Esther Ghebremichael based on your response of having high income potential as a dentist and no desire to become a landlord yet a strong desire for passive monthly cashflow I would suggest researching into passive real estate syndications if you have not already.

I strongly recommend you to hire an independent mold inspector.

Otherwise, I have a strong customer service background in a variety of fields over the past couple of decades.

There’s a lot happening right now, yet Western Washington maintains a strong economic foundation and offers investors upside if they know how to buy and manage right.