The 1st position loan is paid off but has a second position heloc on the home with 50k balance.

Hello!Backstory: As some of you know based on previous post of mine I've found my first "possible" real estate deal.  A co-worker of mine is selling her condo (which is not listed on the market) and is allowing me fir...

this is what Oregon has done starting in July to regulate  the wholesaling activityhttps://www.oregon.gov/rea/newsroom/Pages/2024-OREN-J/Proper...  

Consider house hacking when rates and prices are a little more balanced with reality.

A key lesson was the importance of balancing renovation costs with market expectations.

Let me know if you plan to make it so I can let the owner know and he can make sure they are properly prepared.

So excited we found tenants, we took our realtors word for it and didn’t properly vet our new tenants.

While at the same time sending their balance to collections. 

The biggest issue is that forgetting to assign a location or choosing the wrong one can mess up your balance sheet, leading to inaccuracies.

(if this makes no sense to you, research the 80's)Yes, fundamentals apply like compounding returns, proper use of leverage, appreciating assets etc etc, but the specific's of the how-to's, the "plays" one runs, how you play the game, it's a different game than '19'.