All Forum Posts by: Randy Johnston

I'm also not opposed to doing Thursday or Friday evening, if that makes it easier for Nick.

As much as I like the Portland City Grill, it's almost impossible to hold a meaningful conversation due to the noise level, and at 6:00 p.m., seating will be at a premium, unless things have changed in the last two years since I was last there.

A couple of alternatives:

• Vintner's Cellar
• 10 Barrel Brewing
  
• Brix Tavern

Obviously, there are many more, but these three should provide us with seating and a noise level that will allow for conversation.

I'll go with the majority.

@Adolfo Cuellar @Nick Brubaker

Wednesday or Friday are good for me. If you want to meet for coffee, then some time in the 10:00 a.m. range. If you want to meet for a pint and something to eat, then some time in the 4:00 to 6:00 p.m. range. I'm good for any of those times.

@Tejuan Nickelson Welcome to BP, you may want to check out the local real estate investor groups. Both NW REIA and Rarebird hold monthly meetings and are attended by many investors from beginners to seasoned.

A commercial broker would be a good way to go for finding buyers. I am also working with a couple of investors that are looking for commercial multi-family complexes. If you come across any properties, I'd be more than happy to work with you. 

I'm interested as well. We can set a date and time after a few more people chime in so we'll have an idea of numbers.

@Shawn M. There are laws regarding seller financing that would preclude you from inserting a condition that would revert title back to the lender without going through a foreclosure. Not to mention, the majority of buyers out there would probably nix any such language.

Check out this BP article about how Dodd-Frank affects seller financing.

Ed­̶, I don't think there's a way to accomplish what you want without going through a foreclosure, not if your goal is to sell the property and transfer the deed to the buyer.

 Hi Ed, You may want to consider a land sales contract. Although not used very often, it basically gives the buyer an equity share in the property, but title remains in your name and the deed is kept in escrow until the final payment, at which time it gets transferred to the buyer.

You can read a bit more about it at http://www.nolo.com/legal-encyclopedia/the-basics-land-contracts.html.

@Carlos Bernal, Welcome to BP, you find a boat-load of information on this site. I also suggest that you look into two of the more popular local real estate investor groups. Both Northwest REIA and Rarebird hold monthly meetings and are attended by active investors with plenty of knowledge of the local markets.

Good luck

I have investors looking in the Portland area. Let me know if you have anything here. You can email me at [email protected]

Thanks,

@Anthony Buzzard Welcome to BP, it's a great resource for learning, tools, and networking. I would also suggest that you check out the local real estate investor groups. Both Northwest REIA and Rarebird hold monthly meetings that are attended by new to seasoned investors.

Good luck.