These are areas that a lot of people are moving to and experiencing a lot of growth but they are no where near following the 2% rule.

@Rich and MichaelI have a high paying Engineer job which does buffer unforeseen expenses but I do not plan on relying on that to make a less than good deal good.

I don’t know if the supply of these has increased or decreased due to bank manipulation, but I do know that the number or rehabbers (wannabe’s and experienced) has skyrocketed.Every local REI club I attend is packed with those either looking for deals or selling questionable properties at inflated values.

Merry Christmas 2006Posted by David Krulac on December 25, 2006 at 19:11:42:I've heard Nick several times and he is personable, entertaining, and an experienced investor.I have been doing special needs for over 12 years.

Starting out in a NP environment for less experienced investors, going it alone, may take a long time to put consistant dollars in your pocket.

It is extremely dated; however it is not tore up like we are accustomed to seeing in projects.I am not experienced in comping land.

My friends and I (one is an broker, another is an engineer/construction) are starting a real estate investment company.

Your rental properties qualify with enough cash flow to not be a negative against your personal income, and that you demonstrate to the bank you are an experienced landlord.3. 20% down will get you best rate.I imagine Tacoma is spendy, so good luck.

SEO" is an acronym for Search Engine Optimizer/ation/ed.

I know my mom was concerned only about the taxes and isn't an experienced landlord so it might be worth talking to several more experienced people.I appreciate the quick responses :)