Beech Grove has been somewhat stagnate since St Francis hospital moved and Amtrak all but closed.

@TImothy Talarico Hi!

Originally posted by @Timothy Grothuesmann:@Aaron Jones@Levi Thornton is correct in that it is highly unlikely that bank would give you a loan for the reason mentioned above and also, because it is rare if not impossible to get a loan for a business that deals in speculation (especially without a proven track record).

@Francis A.Great opinion!

@Timothy Grothuesmann Thanks, and that was basically my thoughts as well.  

Hi @Francis Sirch,Welcome to BP!

Hi @Timothy Javins.....would you be willing to share how you got the code violations and probate from King County?

I agree with @Timothy Leong , and had a somewhat similar situation buying in Richmond in the Bay Area, though started a few later years in life..I would also throw out there that FHA is a great way to put a low downpayment on a 4plex if you don't mind moving there.Homepath at 10% down is nice, although you can't do 10% for 2-4 units (SFH only), and I've found the prices to be oftentimes quite a bit higher in the Bay Area for Homepath properties than for similar properties that are not offered with advantageous financing by Homepath..

Timothy Trewin I've always liked that area.

Older thread, but if anyone is looking for a reference for @Timothy Stauffer I purchased two properties from him in 2018.