Originally posted by @Tom Gimer:Headline: Riptide pulls sleeping drunk FL MORTGAGE BROKER out to sea This is a brutal thread but this post is gold lol

Price to value The house appreciated 3x since they bought it early 1990s, but it never seemed worth the price.

‘Just bought a deal like this.

Win/win situation.I bought 3-4 houses in that first batch of letters.

I've only bought, rented (2 yrs), and sold one property.

We bought a house for cash in Jan 18, 150K  , we rehabbed and added sq. footage.

I bought a foreclosure in 2009 (sold for 475 in 2006, had some renovations/granite, foreclosed, bought for 255k in 09, worth about 400k now with ~40k of gross rental income) in Reston that was a 4 br 3 ba.

you cannot legal market a property you don't own in Oregon.but like I said you being from the other side of the boarder your probably not going to get any grief.but what you do run the risk of is anyone can just go around you since what your doing is not legal.. all the bigger wholesalers who work Oregon all pay cash then resell.. and most wholesale deals are bought at foreclosure auctions. 

(Hopefully your answer to that is yes, otherwise you bought too high, spent too much, or were overly optimistic on your ARV).

Lady bought it for a song, and once it was dug up, it was like 10k to fix.