What the adherents of this program lack in understanding of investment finance is startling.

The Snohomish county program details can be found at http://snohomishcountywa.gov/DocumentCenter/Home/V...

As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone  mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.

My wife and I have moments where we think maybe we should just cancel this but then we get excited about the new adventure and path it could put us on if we do move forward with this.

Excited to connect and learn about this market 

My name is Shelly, and I’m excited to be part of this forum.

I’m excited to take my first steps into real estate investing and have decided to focus on Pittsburgh for my first property.I’d love to hear your thoughts on:*Neighborhoods or areas in Pittsburgh that are good for investment and typical price ranges I should expect.

It varies by program.To learn more about DSCR programs: DSCR loans won't use your income to underwrite the loan.

@James SillsFrom my experience working with investors, transitioning from residential to commercial real estate (CRE) is an exciting and achievable goal with the right foundation.

I'm excited to be here and can't wait to bounce ideas off some like-minded individuals!