Novice Boutique investor

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  • Nadeem Alamgir
    Real Estate Agent · Member since 2023 · 831 posts · 577 votes
    1y

    Welcome to BP Jeffrey, this is the place to be!

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  • Ty CouttsBusiness Member
    Lender · Denver, CO · Member since 2022 · 467 posts · 230 votes
    1y

    Welcome to the community, Jeffrey!

    Awesome to see you diving into both STRs and multifamily rentals—great way to diversify your portfolio and learn the game from different angles early on. Spokane's got some solid investment potential, especially as you balance cash flow with long-term appreciation.

    As you get rolling, a few tips from the lending side:

    For STRs: Make sure you understand how lenders evaluate short-term rental income (many use projected rents or require historical income—depends on the loan type).

    For multifamily (2-4 units): House hacking with FHA or conventional financing can be a killer way to live for cheap and build equity fast.

    Always structure your financing with future scalability in mind (e.g., avoid using up your owner-occupied slots too early if you plan to keep growing).

    Glad you're here and soaking up wisdom. Feel free to reach out if you want to strategize your financing path as you build.

    Wishing you a strong start!

    [email protected]719-641-5169
    Ty Coutts - Aslan Home Lending 544 Reviews
    WebsiteView Page
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  • Drago Stanimirovic
    New to Real Estate · Miami, FL · Member since 2024 · 1k+ posts · 467 votes
    1y

    Welcome to the community, Jeffrey. Starting with a mix of single-family short-term rentals and multifamily long-term rentals is a solid strategy, it gives you both cash flow potential and appreciation upside. Make sure you dial in your market research and financing options early. For STRs, pay attention to local regulations and seasonal occupancy trends; for multifamily, focus on stable cap rates and tenant demand.
    Happy to help you on your REI journey!

    0Reply
  • Jeff Byers
    Property Manager · Coeur d'Alene ID · Member since 2025 · 11 posts · 1 vote
    1y

    Spokane/Cda is a great place to build your systems and knowledge. The investor networks and investor friendly agents in the area offer a wealth of knowledge and support.  Good Luck!

    0Reply
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