Hey local BPers.... up until this point my investments have been SFH and Small Multis(1-4), and I've started looking at commercial properties and was wondering if anyone knows where CAP RATES are trading at in Mariemont/Fairfax?

What is the cap rate for an older built about 80 years old building in downtown Seattle area, specifically Belltown/Queen Area area?  About 15 apartments.  Thanks for any help.  

But in general a 24' clear masonry building in good shape for its age and ability to add value through reverting to multi-tenant would be attractive to me and so long as your comfortable with the tenants credit, your return and ability to release it in 6 years if needed then go for it. 

Numbers are important for an investment, but with a live-in multi-family finding somewhere you feel comfortable living is paramount in my opinion.

It can be done by experienced investors with a solid track record that will attract other investors to them.

From beginning to end and a way to track historical data.

The two risk factors listed were "Borrower Track Record" and "Local Market", both of which scored "Low Risk".

Preferably someone that already has experience and has a number of single fam or multi fam properties.

I'm looking at a multi-unit deal in Delaware County right now where the current owner pays all utilities except in-unit electricity.

Hello BP community.I'm looking to start my first investment and I'm looking at investing in a multi family unit to get started to help financially by allowing the investment to pay for my rent.