In Washington state right off the I 5 corridor .. my land partner got into contract for 65k ( infill lot that could handle a duplex or two units) put it on the MLS ( which is how you get top dollar) sold in 3 days multiple offers for 110k netted us 100k so 35k net profit .. which I have a formula to split with the acquisition partner. ( PS its always more to them than me) but bottom line if you can fill your pipeline its easily a low 6 figure to mid to high 6 figure when you have a capital partner like myself.. or someone else.. does take a fair amount of capital though usually 500k to 1 mil in cash to make that kind of money so thats where we come in.

If you've ever considered investing/owning here let me know, would love to help offer insight

‘I assume this person is offering 10-15% more than you could get in a regular sale?

Hey Gang,So I've been a mortgage broker for several years in the CRE Lending space, and I have capital partners I work with who offer 100% CLTV funding for bridge loans or short term, I/O financing.

Don't procrastinate; good offers can still be found; waiting for the ideal pricing sounds lovely.

There are definetly DSCR lenders should be able to offer an IO and ARM mortgage. 

Hey @Dan Adams, ADU's in Portland are still a newer topic and builders are the ones who are savvy enough to have figured out the rules to market to homeowners efficiently what they can offer.

I would be more than happy to see how we can assist.Hi Ryan, (I know I’m 8 years late) but does your company offer scope of work consulting?

Chase bank offers very competitive commercial rates, with minimal fees and a $500k minimum loan amount. 

@Lexie Wang May also want to offer an incentive of say $250 off first months rent if tenant moves in by say April 15th since its almost the 1st.