All Forum Posts by: Josh Bryant

@Jennifer Smith This is all a personal decision, of which you can only make - but cash is King, especially tax free (owner occupant sale). As for figuring out what you can and can not due via certain loan programs - my girlfriend is a great mortgage broker here locally in Portland and has vast experience with investors. They even have an ADU program that will base off of future value/equity - after ADU is built/cash flow. If you would like her info let me know ,otherwise best of luck in your journey.

@Allison Meggison You can play it 2 ways - (a) as if you don't know anything about their situation = you are just looking to buy another house, (b) you can delve in to their stress and sense of urgency that is needed vs them not doing anything =  you are there to help them solve that problem. 

To any interested parties, this one has been assigned - thanks for the interest!

@Grady L. Check you inbox - any questions feel free to ask.

Contact for more details and pictures.

Nice & and simple 3/2 1 level ranch house in West Eugene, just minutes from downtown and U of O. Would make a great rental, AirBnb, or an easy flip.

Option (A) = Full Rehab....comps = 250-280k:

1. Kitchen = 8k (or keep existing and save $)
2. Baths x2 = 6k
3. Paint = 5k
4. Garage Door = 1.3k
5. Windows/Trim = 5k
6. Carpet (bedrooms) = 1k
7. Laminate (main/halls/kitchen) = 1.5k
8. Misc. Trim & Finishes = 3k
9. Misc. Yard & Fence Repair = 5k
10. Roof Clean = .5k
11. General Trash Out = 1.5k
12. Furnace & Ducting = 6k (has existing ceiling radiant heat system - so may not be needed)
13. Misc. Electrical = 2.5k
14. Misc. = 3.5k

Total = 50k +/-


Option (B) = Fluff Rehab...Keep as rental or re-sale 215k+:

1. Paint = 4k
2. General Trash Out = 1.5k
3. Roof Clean = .5k
4. Carpet (bedrooms) = 1k
5. Laminate (main/halls/kitchen) = 1.5k
6. Misc. = 1.5k

Total = 10k +/-

To all who replied, please re-read the original post...this really helps when figuring out what works for whom. 

"So a quick question for multi family buyers...aka duplex/tri/quad, etc. What is your criteria when buying these off market properties, and if you are in Portland-Oregon, even better - I can add you to our Buyers list, if you wish."

**We did just tie up a 4-plex last Friday, just east of NE 181st Ave/Gresham - if we think it may work for you, then we will send you an email with details. It's actually in pretty well kept up shape, and we have inspections scheduled for next week...ie - sewer scope/radon/oil tank locate. Once we have those back and prelim, we will send out to our list. 

@Kyler Pace @Jackie Rebibis @Jesse Rivera 

ARV = 500-550k...rehab needed = 0-5k per unit, pending on what ones plans were for the complex...units are 2/1's...rents are currently under market, with 1 empty unit, market rents are 1-1.2k...we may put this out in the low 400's. Or we may keep it, put 5k in to each unit - to modernize, and then retail it for 500k +...pending on wholesale interest.

@Jesse Rivera

Check your inbox.

I mainly market to single family, looking for fix & flip properties - but at times have multi family leads come in and there always seems multiple ways to look at these. Most of the times the numbers work best for either owner occ, or a cash flow investor and not your typical fix & flip.

So a quick question for multi family buyers...aka duplex/tri/quad, etc. What is your criteria when buying these off market properties, and if you are in Portland-Oregon, even better - I can add you to our Buyers list, if you wish.

@Jack ChuNo already closed on the sale, and with inventory being tight I decided to keep this one for my company to rehab.

Send me an email with what you are looking for and where...and I will keep you posted in the future.

@Chris Wilhoit, so essentially 25% down needed...correct? 

As for the refinances - 12 months seasoning is what I was told?