We did have a few disagreements in the past, but that it was water under the bridge at this point.

I have recently moved from CA to Rainier Oregon just across the bridge from Longview WA.

@Ned Carey: So if I had a private money bridge loan and @Arti Piland or another investor came in with interest free private / gift funding for the down payment, and we purchased a cash flowing property, that would not be considered "creative financing" and be forbidden?

If you're looking to do more value-add and stabilize the property, a good strategy is taking out a bridge loan, eating the higher rate for a little while, and then refinancing out into a larger, stable agency loan.2.

Also it has a relatively high number of renters (I believe 55% was the stat I read), and there are some big infrastructure projects underway/planned (new mega hospital and bridge).

Also would like more information on selling off the tax credits at the beginning of the project to bridge the gap in financing.I am liking the idea and numbers of the project are promising.

You'll have options like immediate refis, bridge loans, various hard and soft money loans, rehab lines of credit, more fluid cash-outs, and quicker turnarounds.  

@Jeff Bridges The sales aspect you mentioned is something I think part of me wanted to not believe.  

Plus, if you do manage to refi, then sell a short time later, you'll burn a bridge with the lender and broker.If you put it on the MLS and it doesn't sell, you'll also establish a value.

Seattle Times is how I stay up to date on the West Seattle Bridge situation, but I feel like there should be better sources.