Now it's stable, and time to take out the hard money with long term institutional debt.

Prepayment penalties- usually 1-5 year terms.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

In terms of your financing question, the majority of loans we do are in that $1m to $5m range, so that's not an issue at all (fake numbers wasting everyone's time would of course be an issue, but let's stipulate that it's solved).

For those looking for quick access from Portland and also not requiring full short term rental-ability the areas of Cannon Beach, Arch Cape and Manzanita are majestic and luxury real estate areas.

But I did'nt care about how long it would take bc I was living the house.

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

If I were to do so, I'd definitely look for small multi-family as opposed to SFRs, unless you're wanting to create a short-term rental(STR). 

I personally love Columbus in terms of doing value add.

Hi community,I'm planning to house hack in Richmond or Fredericksburg/Spotsylvania and am considering renting by the room using short-term, mid-term, or long-term strategies.