Proposed a deal where I would give a 4.5% commission, and I would be getting a 20% commission from the listing side since I will be a co-agent/finders fee.The cap rate in the lacey area is anywhere from 6%-8.5% depending on a lot of variables, needless to say, it is at a higher cap rate than King and Pierce county.From an 8.8% cap rate, and considering the neighborhood, leases, tenant base, rent roll, cap X for renovations, and comparables, commercial brokerages valued ours anywhere from a 7.5-8.25 cap rate.Valuation of$420,000 Annual NOI / 7.5% cap rate = $5.6million$420,000 Annual NOI / 8.25% cap rate = $5.09millioncomparbles in the market show rates at 7.25%-7.75% cap rate.

A co worker of mine has property rentals out of state.

I already have a co worker who wants to rent it out everything is lined up however because it not 100 miles away will I have problems with getting the mortgage approved, or is it possible to get an exception to the 100 mile rule because I had twins and want to move into a 4 bedroom from a 3 bedroom.

True that a co-signer cannot be evicted; however, they can be held liable for any monies owed should an eviction be required.

We have a co-hosting company, and I would definitely say to go that route!

You might be able to qualify if you have a co-signer as well.

They said they could pay a higher deposit and/or have a co-signer, they just wanted to make sure they secured the unit.

I am a co-host in the area and investor in MB.

Maintenance also means it's a co-op which you won't be able to rent it out anytime soon.

We live in a co-op structure so in no case can it be, nor do we wish this to become an Airbnb.