I recently took the first step and bought my first property in Seattle Wa.

My "realtor" (I won't name his name either, DC, also was saying $384-400k)...turns out he was basically in bed with the wholesaler...    

We bought a duplex in Spokane Washington in 2015 as our primary residence.

Most lenders lending on the property would probably not give you 70% if the rent isnt good enough to cover. they would use 1.25 DC ???

Purchase price: $203,000 Cash invested: $10,000 1 b/b in NE DC.

I am about to sell a condo in DC I've owned for 3 years and it has appreciated ~15%.

I would bet even month within the next year they will be banned or severally restricted in Washington and Oregon (even though they’re really only targeting Portland and Seattle.) they’ll say it reduces inventory for families to live in and drives up costs.

@Stefan Wenninger I'm a Real Estate Agent in Northern Virginia, DC, and Maryland.

Can't speak for all states but in WA state it's legal as long as you disclose it in writing in the contract.

@Nathan LandauI'm not sure about NJ but in Washington, the real estate contracts are highly slanted towards the favor of the buyer prior to closing the deal.