A 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate).

Hi there, I'm unsure of the tax rules in USA but I'm familiar with them in Canada and I'm assuming they are similar with respect to depreciation (CCA in Canada).

@Marvin Spears  Marvin with all do respect you make ZERO sense.. loans have a UPB.. and accrued interest and cost.. end of discussion what was paid or will  be paid is irrelavnat.. you sir are the one who has no clue as to what your talking about or doing.

I respectfully disagree with some of your assumptions.

However, @Dave Foster and @Bill Exeter are both well respected and very competent Qualified Intermediaries just like I consider myself to be. 

Anyone on BP have experience with tax lien investing who can shed some light on this topic with respect to delinquent taxes in Oregon?

Wholesaling might give me a lot of five thousand dollars and million headaches, but headaches might respect you.What about using your money to cover a gap?

I have read over and over to pay extremely close attention to the CC&Rs of the HOA with respect to condos/townhomes.

I am open to all advice and ideas and I thank all of you in advance.Very Respectfully, Matthew Crow

I too am in the area and am looking into my first investment property and am finding the prices too high respective to expected income.