Hello BP friends!

One thing to consider is that I don't believe it is technically legal to VRBO/AirBNB. http://kutv.com/news/get-gephardt/air-bnb-rentals-...I did have a friend who used his house as a winter ski rental and seemed to have good success with it.

Dawn--I've read and heard a lot as I've been doing my own research that there are few rental vacancies and rentals are needed in Medford, sounds like especially lower rents.While rentals seem to be needed, I've read a few articles in the last several months that have highlighted the large number of abandoned or unoccupied out-of-state owned homes in the area, and family members and friends have colloquially reported the same.

A friend of mine is buying a HUD flip and was told that The Flipper had to wait 180 days to sell or it needs two appraisals.

That all said, if I had a close friend or business partner that I shared the same goals with and trusted and they happened to live in the particular location I was looking to invest, I would definitely be willing to invest elsewhere.

Create an LLC or some kind of legal entity where I can pool together funds from friends and family to make investment purchases.  

Good evening BP users, I have a underwriters employment question.

Get a NAR contract from state your in and use that for the agreement - best place to get one is find an investor friendly agent on BP and they typically will provide one for free or a small fee

Read my BG profile, follow me on LinkedIn, check out my IG , be my friend on Snapchat, or just be my friend :) Truthfully, it has taken me 1 month to write this post.

You will need to have around 30% of the purchase price beside the HML so need to have your own cash or private money (family or friends if you don't have a network of investors).