Where can I get private money and someone interested in purchasing 1.5 acresto split the current 3+ acres and leave the1.5 acres with the rentals for the long term deal.

Hey everyone, my name is Peter Firehock, and I work in Alexandria Virginia as an Acquisitions Associate for a real estate investment fund called BPG Holdings, helping the fund source multi-family investment opportunities in Northern Virginia and D.C.m as well as an investment-focused realtor in the D.C.

Multifamily properties are more lucrative than SFR investments especially when you look at long-term returns.- Always raise rents at the end of a lease.

Anything short of that is just them paying full taxes like they didn’t do a 1031 and sold to a stranger.

This seller credit for buyer side commission isn't unusual as it is exactly like seller contributions to buyer closing costs that have been done for years.Remember, you as a buyer can insist on a non-exclusive buyer representation or very short representation time period.

Do you have other things you can recommend in terms of foreclosure properties?

On one hand you could sell the property and use the funds from the sale to go and look for a new investment property as you move into your spot downtown.On the other hand, by holding the property you are building equity and the property itself has likely increased in value over time and will continue to.

I would think I'm small potatoes for them and the form 3115 is so ridiculously thorough that i think it all but negates audit but we shall see :).I will report back when/if i get it and what the timeline was/is, I was holding out hope that someone had some information on this but its been crickets.

BUT regardless of that, the numbers should still match your original term sheet!

Tacoma has gone further though not as far as seattle with regulations around terms of lease, just cause termination, etc.