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Kyle Ward
  • Rental Property Investor
  • Portland, OR
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19
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WHY can't I buy a house?

Kyle Ward
  • Rental Property Investor
  • Portland, OR
Posted Feb 11 2019, 11:27

I live in Portland, OR. I have been trying to purchase a fixer but have yet to succeed. Now, I know the price of anything is what someone will pay for it, so a large part of the result is in my valuation. But when I run my number it is usually done with cost to rehab myself (saving money) and I have been making cash offers. Are people really spending 400k+ for less than 10% ROI? (it's seems everyone else has cash too)

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