Don't be a king.

Thanks Jake King 

You also have the Hard Money loan route if you absolutely must move forward with the deal.If your family has money, why not use that monies to fix your credit and in turn you can pay them back when you run into a good deal or share profits on a good deal.Cash is king but like in the game of chess, credit represents a Queen which is the most powerful asset you can have in this game called RE.

Here goes anyways  In commercial cash flow is King.

BUT the trade off is you purchase the property usually close to market value.If you want to get a house cheap or below market, then CASH is KING.

Gross is great but cashflow is king...Yes $20k/month sounds impressive but what's my cut?

There is an overall shortage of housing in Pierce County as people are being priced out of King and move South. 

I know of a couple that works for two out of town companies (making their out of town salaries) and living like kings here in Bakersfield.  

Either way, it's more affordable than King Co.

:-D I closed a few weeks ago on 128 Beaufain for a new build.. as well. and my bank pulled up an old article of that one having flooding issues at king tide.. so we did fill the lot a tad..