Howdy BP! New from Eugene OR / Bay Area CA!
Hey Folks! I just signed up last week and so thought I would tell folks a bit about myself.
I have 10 units in Eugene OR that I have owned for about 3 yrs. They look like one contiguous property but, in reality are 5 duplexes with 5 tax lots. I own them pretty much free and clear via my S corp (yeah, i know not the best way to hold RE but it is what it is ;))
Prior to this i had a small bldg on Bryant/2nd in SF. i sold this in ‘15 and 1031’d into my current investment
I also just renovated, built out and sold a 1912 farm house on 5 acres turning it into a nice equine property.
I am now pondering my next move. I want to invest in more MF probably 6-10 more units and would like to explore the FreddiMac Small loan program as it sounds more invester friendly
I am looking forward to networking with folks in OR and maybe find folks that can help me reach my goals.
I know I have a lot to learn but i have a solid start with my current investment (i mange it myself) and my prior life as the accounting manager/controller for various start ups and also being self employed most of my life helps too!
I look forward to interacting with everyone!