I shadowed a few different agents through unpaid internships and learned that I did not like the real estate sales side.

With the housing market being high in Washington, DC, I'm interested to know how others got started in the area. 

JV Partnership How did you add value to the deal?

Welcome to BP.One of the things to consider is we have 3 different states in the area with wildly different laws on this topic.

The unique situation is that my tenant is also my son, and he is ready to start looking for his first home.  

Good to know the HELOC will be canceled at closing—appreciate the clarification.

Hey, has any of you guys done the Multifamilystrategy mentorship?

Basically, they are abbreviated inspections that focus on the more expensive liabilities that investors are looking for instead of under-caulked windows and damage to drywall.

In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.  

And if the fed rate continues to drop, so will the mortgage rate.