I would highly encourage having some form of job or income, maybe part-time, to ensure kids are not going through hardship if anything happens to the tenant or your life.Now coming back to pure numbers, $500K to $800K is a big range, you should know the precise number first.

That's the precise reason Tacoma is a playing field for investors.

Thank You everyone, I should have been more precise I meant a line of credit, which Brandon Turner had mentioned.Thanks

If not, I am now armed with more precise information to go back to the seller and renegotiate.D) Assuming that the everything is a go, I will use the scope of work that I received from my contractor to create a project plan.

Your comps might be precisely accurate today, but there is no way now to know that they represent the market in 6 months, or whenever your flip will be complete, as a lender would normally use them.Lenders are holding back because of uncertainty, not because they don’t want to make money.

Takeaway: Measure the success rate of your broker precisely.

Perhaps I am somewhat naive but what precisely makes and area a ghetto?

I suspect that if I can gain a more precise understanding of what a SDIRA investing using leverage will look like I can put together a viable business plan.

Tim Gordon Land smith of San Fran and Precise Associates are 2 of the companies that have shown interest in my package and also have provided LOI's...

Not owning the property is precisely what interests me about this plan.Since I own nothing, nothing can be taken from my in a judgment.There are sufficient opportunities for this in Washington, and I’ve already done a few.Further, I’m very confident that what I’m proposing is not unlawful, even though it is generally viewed as unlawful by the public.It could be unlawful if I failed to exorcise due diligence or if I break into another’s improved property, but that is not what I’m proposing.Indeed, I will clearly document the open nature of each property.The key is to document that sufficient diligence was used to establish that a reasonable person would believe the owner has abandoned the property.And really, what is the owner going to sue me for?