The lender is not required to include this contingent liability as part of the borrower’s recurring monthly debt obligations provided the lender obtains a copy of the applicable loan instrument that shows the borrower’s financial asset as collateral for the loan.

Hard money lender How did you add value to the deal?

Local hard money lenders, wholesalers, lenders, all the people.

Maybe a lender, be at least 2 of the few components it takes to close a house.

These areas seem affordable compared to where I live in dfw.

The areas surrounding Portland offer refuge from the city and generally speaking offer higher rents (compared to other parts of the State) and reasonable acquisition value.

If a buyer has cash, that works, or owner willing to take back 2nd....but I've had trouble finding a lender who will take a 2nd on the gap.   

Reno is considerably less expensive as an entry point compared to CA. 

Since I posted this, I have had a few conversations with my mentor and other real estate investors/lenders and have a much better grasp on action items when the right deal comes along.

I personally recommend that if you have good debt on the first one to take a heloc, and if your debt is meh to potentially look into cashout refi’ing on the 1st building and keeping your eyes open for the next opportunity :) Analyze both accordingly and talk to your lender as well as other investors to get their thoughts!