Oregon is dead serious about this stuff ... so is Nevada.I made one post on B P about wanting to just find a MLO to do a note deal for me in NV and I got a nasty gram from the state of Nevada.. stating that yes I am licensed in ORegon but not Nevada and have I done any loans and if I had they would sanction me.Now you can go right across the river to WA and NO licensed required for business purpose loans.IN CA you need either RMLO or  A RE broker.. those who say you don't  are just wrong...

I am only 26 and not ready to purchase (yet) but I am dead serious about looking at potential properties.4) On average, how long should it take to flip a house?

We are a seasonal market and I make most of my money on my STR in the spring/summer/fall but it's not totally dead in the winter so if you weren't getting any bookings or occupancy fell below 50% you need to work to optimize your off season booking strategy.5) It sucks but if you can't meet the minimum payments and/or your credit doesn't start to recover then you may want to seriously consider selling the property to get everything paid off. 

You'd see some chewed wires and perhaps a dead animal but of complete runs are missing, your tenants are copper thieves.

@Mike Lauer  I suspect very few deals meet their criteria why make loans when you get 3k non refundable up front  LOL  better business model to just ONLY take the very best.and those that go to this company are usually beginners with little to no capital .. if they were not they would never use them.. and those folks have a hard time finding a GREAT smoking deal which is probably the ONLY thing this company will lend on .. most folks in the HML space do not like this model.. its simply too obvious what the model is and how many people who really have limited funds end up blowing 3 to 5k and never do a deal and then are dead butt broke.

Hi friends! I’m find it very difficult finding actually deals. Is anyone actually finding successful BRRRR deals in todays market? Can you share how or where you’re finding them? I have a HELOC of 220k ready to deploy...

Some people out there will say BRRRR is dead but the deals are out there.

These are the absolute toughest loans to get closed.I'd hate to tell you this, but if you personally have no builds under your belt then you are drawing dead. 

Hi Anna, unfortunately I got zero help on BP and end up at a dead end. 

Not going to beat a dead horse - there are tons of great resources, so always feel free to ask questions and connect if you need help!