@Kyle Bigger  nice post your getting some incredible deals.. much more competitive over here in PDX were 20k profit is a nice day. as a little aside one of my best fishing buddies lives at Broken Top, and when he sold his golf course building business he got board..

I think generally if you get a low ball offer it could be a variety of reasons: you want to much, poor location, something is wrong with the property that you may have overlooked or the person is fishing for a deal.

@Rance Brown  what is your NMLS # and your state of Oregon License number its not on your website.not sure what your fishing for as you guys appear to be a very experince Hard money lending company.there is only so many ways to lend money in the naked city and I am sure you know them all, why ask that question here  LOL...But if your question is sincere and not just phishing.what borrowers in your lending area are needing is really very simple and I am sure you already know this.1. cheaper rates... there is price compression on rates ..

Living in NH with the weather, all the fishing and other outdoor activities I do hauling gear, my Yukon works perfect.

With that property in that neighborhood you'd be fishing in the low end of the tenant pool for south city.I also find it hard to believe you could get $825 for a 3-bedroom unit in Dutchtown in that condition and I wonder if it's even a true 3 bedroom or some kind of shotgun unit with an "extra sleep".

.- House needs rehab and doesn't qualify for conventional financing- Typically doesn't show on my creditReasons I have offered owner financing to sell:- Obtain a higher sales price- Defer taxes- Broaden my appeal to investors and be more flexible to get the deal done.Hope that helps,- Tom

We've found that the fee helps us know people are serious, though, and that keeps us from wasting our time on people who are just fishing and applying to everything in sight without real interest in it, who then ghost on you.We rent A and B class properties, though, so it may be different once you dip into lower income levels.

If the federal gov't defaults on it's bond payments, we've got bigger fish to fry, so the "risk" simply isn't a factor.I sent "happy birthday" cards in the mail every single week to all my past mortgage clients, and for the last several weeks I've included a gov't flier about I Bonds in it.

It is also located 2 minutes from a beautiful golf course, 5 minutes from 2 lakes where you can kayak/fish, and 10 minutes from Killington Resort where there is also a golf course and downhill mountain biking.

These were largely sourced pre-CV19, so eat the fish and spit out the bones.The DTI percentage range varies by lender, and is less than what you will find for an owner occupied property, due to lender risk.