Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes

Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes 23007 55th Ave W, Mountlake Terrace – 7 townhouses in a walking distance from thelight rail station, in planning stages with the city of Mountlake Terrace, WA

You can always get another sales job, but are you on commission now with light salary or salary?

Yes, I hate seeing the suffering but I am a professional solution profiter, I make $ off solving problems so MORE problems is a giant blue light special. 

I seriously looked into Colombia some years ago and mildly looked into Cuba and even Venezuela and Argentina lightly. 

This might be my favorite color scheme.

Light framing, drywall, flooring, bathrooms and kitchens.

Wondering if some community wide knowledge could shed light on potential solutions. 

You could try getting a HELOC with your primary and using this money as short term funds to acquire rentals that need a light-medium renovation using 100% purchase/rehab hard money and just using the HELOC to pay points and holding costs.

.- Most of the deals that came our way were for 60-70yr old wood frame buildings, that had been owned by their current owner for 25+ yrs, and we felt there was a definite risk that the economic viability of the asset was less than our planned (buy and hold) time horizon, and we were also highly skeptical of the insurability of some of these buildings or that the cost of insurance would not balloon once the ownership transition forced the insurers to reassess the building.Ultimately we pivoted to retail/light commercial mixed use properties.