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Updated 3 months ago on . Most recent reply

User Stats

22
Posts
13
Votes
Chris Wilburn
  • Portland, OR
13
Votes |
22
Posts

2 renovations down, ready for a flip (Portland Area)

Chris Wilburn
  • Portland, OR
Posted

Hi BP,

 I'm an investor from the Portland area. Over the past two years, I've completed two primary residence renovations using 203K loans, created one LTR, one MTR, and now I'm excited to expand into flipping.

I'm focusing on the Beaverton area and looking to connect with experienced investors who can recommend reliable lenders, wholesalers, or other deal finders. I'm particularly interested in purchasing two-bedroom, one-bath (minimum) properties that offer space and potential for adding an extra bedroom and bathroom. My target purchase price is no more than $410K, aiming for an ARV in the $530K to $570K range.

I'm comfortable with small to medium-sized renovations that don't require major structural changes or additional square footage. My focus this time around is working with a reliable team and delivering a quality product.  I’m being realistic about margins on my first deal, especially considering hard money. Above all, my priority is a project that stays on budget and time (easy right? haha).  I have a knack for saving on materials while providing some unique flair that will stand out in the market. 

Looking forward to connecting and learning from this community!

Thanks,
Chris

Most Popular Reply

User Stats

187
Posts
124
Votes
Chris Watkins
  • Lender
  • Eugene, OR
124
Votes |
187
Posts
Chris Watkins
  • Lender
  • Eugene, OR
Replied

Hi Chris!

I can recommend @Zach Smith at Cetan Funds for hard money and @Melissa Hartvigsen on the agent side (she has a lot of Beaverton experience). Sounds like you've got a good buy box and plan, executing is the hard part! Best of luck and let us know how we can help.

Chris

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