I wasn't going to let this deter me so I began looking for deals but the numbers just didn't pan out.

Let’s say it’s a two-member LLC, and the bank is asking for one guarantor.

Neither is Jay.But let David vent.

I know a lot of investors have done very well in Peirce County but I just haven't learned or know enough about that market to make an investment there.Washington state properties are expensive and can be difficult to make breakeven let alone cash flow at this moment due to the combination of high prices and interest rates. 

I’ll let readers decide how they want to interpret the facts I stated.The underlying investment was student housing.

Let me know what you’re looking for!

That said, I wouldn't let projecting rates factor into my decision as much as whether or not you want to pull the extra $$ out.

Now, I’m thrilled to join this community, learn from others, and connect with those just beginning their real estate journeys or reaching new milestones.If you’re new here or just want to swap stories, let’s connect!

I'm not an attorney though - you know the drill.Regardless, consider contacting your insurance company and letting them sort it out with the neighbor's insurance company.

Please let us know if these are the right steps and if I am missing anything.