Imagine acquiring over 800,000 square miles of land, stretching from the Mississippi River to the Rocky Mountains and from the Gulf of Mexico to the Canadian border, for a mere $15 million — a touch below $440.3 million in today’s dollars.Basically 1/500th of a penny per square foot.This strategic acquisition not only expanded the United States’ territorial footprint but also unlocked immense potential for economic development and westward expansion.For savvy investors of the era, the Louisiana Purchase represented an unparalleled opportunity to capitalize on vast tracts of fertile land, abundant natural resources, and access to key waterways like the Mississippi River.

Had extra ground to expand.  

Conventional financing will offer the most competitive rates but can be more income restrictive and can be unscalable as investor portfolio expand.

I, for one, am thankful that places like BP exist, not only so that we can learn from others, but also so we can consider the perspectives of people not like ourselves and thus, expand our own.  

Many borrowers that elect to utilize a first lien position mortgage as opposed to a HELOC try to reduce the pre payment penalty (to one of none) so that they can pay down the loan balance from the proceeds of their completed acquisition and refinance at a lower loan amount.Another alternative to DSCR cash out refinances could be fixed rate second lien position loans which can offer expanded guidelines and slightly more attractive loan rates. 

The best bang for your buck is bringing on an experienced partner that can help expand the business through their knowledge.

But if these Seattle projects will, two years from now after HB1110 rules are in force, appear to have been an ephemeral thing that came and went among a handful of limit-pushing builders,  our development might end up seeming weird (which could impact both buyer appeal & financeability).I know there's no crystal ball and the State rules have been changing rapidly, and might still change further. 

I want to expand but am unsure at the best routes. 

It is a solid property in a solid neighborhood that is continuing to expand and increase in value.

We removed wall (plaster and lathe), added walls, re-did all electrical and plumbing, added half bath, full remodel Of existing bathroom, expanded kitchen.