Starting small with multifamily properties is my ideal preference at the moment, as I focus on learning, growing, and immersing myself in as much information, data, and real-time experience as possible.As I build my investment portfolio, I could definitely see myself being interested in scaling up to larger acquisitions in the future, but for now, my focus is on mastering the fundamentals and starting small.

I already have land holdings near Everett that will certify out at 304 salable density bonus credits.To play this game, I get certified and then "clip off" the transferable development rights for sale to urban developers in the county, who can cash them in for an increase in dwelling unit density from an original 22 units/acre to 58 units, and building heights from 45' to 75'.

Finally, the data they are using to demonstrate the price hike is WAY out-dated.

@James Boreno You’ll likely owe taxes, but don’t forget to account for your adjusted cost basis, which factors in the original purchase price, depreciation over 10 years, and any capital improvements.

The terms for a 2nd position loan on a rental is 6%, 25 year term,  and 2 points origination fee.  

I am wondering how much expected weather of an area impacts your decision to invest in a specific area.Recently looked at Census data which shows that people are predominantly moving to Florida and Texas.

Is there any way I can lower the property taxes to the original amount?

Originally posted by @Carlos C.

Originally posted by @Steven Lee:Alpesh,Unfortunately, your Loan to Value (LTV) is at 70%.

Risk that you will not enter good data, resulting in a possibly seriously wrong results2.