Unfortunately my credit took a huge hit because I co-signed for someone’s vehicle and got burned with them missing 8 payments.

@Nando NachiYour budget will dictate where you buy in in the Seattle Market.Plenty of areas on the rise especially with low inventory.With Condo, keep in mind some HOAs will have to weight in on structural changes.When it comes to schools, most buyers laser in on the school district.

Sales have been warming up since the start of the year with a low start in January (relative to the Listings!).

Look for areas with low vacancy rates, good schools, and proximity to amenities like shopping centers, parks, and public transportation.

By leveraging the tax-exempt market, states and cities can offer lower mortgage rates to middle- and low-income individuals than traditional banking methods.

Rent out your units at, or slightly below, the market rate and gradually increase rents YOY (2-2.5%).This strategy will allow you to get your foot in the door with a low down payment AND less competition.

I have low DTI, high credit score (790+ FICO), and high amount of liquid assets.

You can do this on a 30 year fixed mortgage if they are 1-4 Units at a low 7 percent interest rate as long as the property debt services over 1.00 and FICO is 720+

We had one contract that fell through due to a credit issue.

I put too much into renovations because of the classic found a bad contractor story, so had to get another contractor out, and after 9 months holding cost and about $60K in repairs, $3K in appliances, I got the place rented. ( I also refinanced and was able to get about 133K out, which I paid off my HELOC and credit cards I used to pay for all the renovations and PP).