I drove off of my usual route today while running errands and I think I found a vacant house surrounded by some very well kept "City" homes.

I know Portland very well and have most of my family up north in the Portland/surrounding area.

At the time, I'm spending most of my time in SFHs in the surrounding suburbs of Richmond, but I hope that I'll be able to move into the city in the not too distant future for the very MF complexes you are speaking of.

Last week, I posted a question about a somewhat complicated legal issue surrounding a DOT that was part of my father's estate that never got recorded, then the debtor/prior owner was able to go back, refi the property and let it foreclose 3 years ago.

RE is also very expensive in the surrounding areas: Upstate NY, Long Island, nearby cities in NJ, ect.2.

Something you'd typically see used for a tub surround.

We plan to surrounding ourselves with like-minded people who want to contribute and succeed.Current Team Members:1.Contractor and Project Manager: Husband and Wife owners of a construction company with rehab experience.

So, it's understood that I need to save up a "massive" amount of money in order to even think about a flip but I know my area (Central Islip Suffolk County) very well as well as its surrounding areas and am itching to learn and experience how to flip local foreclosed homes.

Market rent would probably be only 12 percent higher based on surrounding properties.My lenders are offering a 5/20 at 4.25% or 10/15 at 4.75% with 25% down.Any suggestions on an offer?

You are in an excellent area for multi family investing, surrounded by opportunity.