ISO Private Investor in Greater Seattle Area

Seattle, WashingtonHaveFinancingPrivate Money
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ISO Private Investor in Greater Seattle Area

Member since 2021 · 3 posts · 1 vote

Seeking: Investment Partner for $500k 

Prop Asset: 2bd/1ba 1920s 1024 sqft bungalow, zoned multi-fam, with 180 degree ocean view, located between Seattle & Vancouver

Buy & Hold as an LTR: 6.8% cap rate, MTR: 10% cap rate, STR: 12% cap rate

ARV: $725k as a 1024 sqft 2bd/1ba (original)
ARV: $850k as a 1675 sqft 3bd/2ba (with finished walk-out bsmt)
ARV: $925k as a 2024 sqft 4bd/3ba (with finished attic)
ARV: $1.15M as 2024 sqft 4bd/3ba (+500 sqft DADU)

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  • Real Estate Agent · Seattle, WA · Member since 2019 · 243 posts · 246 votes
    3y

    Are you looking for someone to provide full capital on this project? Or are you going to have skin the game as well? 

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