Portland has a thriving real estate community with a variety of clubs, making it an excellent location to learn and meet possible partners.

I think private money is more general since you are talking about a variety of products, which can also include longer term loans backed by private/investors' money.

That can mean a variety of things, and be a number of different loan programs. 

What this is (and the name might differ in some states) is a demand from the buyer to the seller to either address a variety of defects or offer a credit to the buyer (i.e., reduce the sales price).

Even if you could rent it out much more frequently as a STR in the pool how long will it take you to get back your $160K?

On a rant here, but State Farm cancelled my auto insurance in January due to "frequent claims". 

They are big fish if they are frequently there. 

(it seems a bit too far to me but budget wise I might be able to find something there).Thanks  Hi Sweta, I work with an agent well versed in the area that frequently finds off market deals for investors.

This can be an extremely time-consuming and frustrating process but needs to get done.Borrower Calls – Once the servicer finds your borrower, they’ll make scheduled collection calls notating what transpired and what actions need to be taken.Collection Letters – A variety of collection letters are mailed out based on the delinquency of the borrower.Borrower Statements – Print and mail out monthly borrower statements.Incoming Funds from Borrowers– Any incoming funds from the borrowers will be received, recorded, and distributed to the investor, less the servicer’s fees.Year-End Tax Information – At the end of the year, the servicing company will print out all eligible borrowers who have made interest payments greater than $600.

It looks like PREIT paid a premium back in 2015 for the property given the development potential which they speak about frequently.