Updated about 1 month ago on . Most recent reply
BRRRR in Greater Seattle Area
Hey all,
With the new ADU/DADU laws in Washington (HB 1110 + HB 1337), I've been exploring whether new construction multifamily BRRRR can actually work in Greater Seattle right now — where you refinance and walk away with 100% of your initial investments back, with rent covering all expenses.
The numbers are tough with current rates and construction costs. Curious if anyone's cracked it.
A few things I'd love to know:
What areas are working for you? (Tacoma, Renton, Kent, Everett or any other?)
What strategy is actually working out right now? Any specific creative structure layout?
Happy to connect and learn from experts here. Please drop a comment or DM me!
Thanks in advance.