I personally designed the newly renovated home with trendy "Modern Farmhouse" concepts.

I personally designed the newly renovated home with trendy "Modern Farmhouse" concepts.

I really enjoy flipping and building high quality housing, to design construction and manage the projects we tackle.

Purchase price: $2,500,000 Cash invested: $1,000,000 https://youtu.be/AwbJpsUJVL0BoMoSo Design Philosophy Formula applies to the classic Road Side Hotel

Purchase price: $15,000,000 Cash invested: $4,000,000The BoMoSo Design Philosophy Formula applied to Mixed UseThis video give a good overview

This doesn't mean that you should panic, and if you have questions, read your loan docs, and call your lender.What's interesting to me is that this has been planned for a few years now, yet there's still some unknowns, questions, and uncertainties from many of the counterparties involved.From what I can see, borrower's won't have too much of an effect as the banking sector is trying to not rock the boat too much, and rates should be comparable - it's just a different "measuring stick" that a couple dollars around the world are based on :)SOFR is designed to be less manipulatable than LIBOR since it's based on transactions rather than expert bankers judgments (it's pretty crazy to think that $200 Trillion of financial service products around the world are based on "experts judgments.")

We design & build ADUs in San Diego and are always happy to give ballpark pricing to tire kickers :) I'm sure the same would apply to good contractors out in your area too. 

Steady employmentdiverse economy, not relying on a single industrylow acquisition costs, high rents price to rent ratiolow taxes, landlord friendly (red states)low risk of natural disasters (low insurance costs)net in migrationhigh house hold incomegood schoolslow crimegood public transportationwell designed urban planaccess to amenities (starbucks, restraunts, nigh life, culture, hospitals)

Write it as a sales piece designed to show your experience and give you credibility. 

Help is needed. This is my 2nd duplex rental I have gotten in the outskirts of Seattle. I expect to be able to get rents in the 1700-2100 range for this 3bd 1.5 bath. The top floor unit has a bit of a funky layout and...