So here's the story. A friend here told me about her friend, who bought 6 houses over the summer. The average price she payed? $40K. Each house has been rented. Next year she will be able to retire. Wild stuff. So I thought I would just *jump* online and check out the auction scene in Portland. Would you believe we found a property - one we both LOVE - which was going up for auction, well, today. After a week of obsessing, and I mean REALLY obsessing, we finally had a chance to bid on the property today. Would you believe we were the winning bid? I still can't. I'm super happy, but at the same time I am sick to my stomach.
There are still some hoops we've got to jump through. Hoops that have to do with financing. And for some reason they *sold* it to us, without us meeting their reserve bid, so the seller has to confirm they will sell the house to us for the bid we placed.
The good news? The house looks amazing. It is in one of the best school districts in Portland. The bad news? It is on a VERY busy street. VERY busy. So we're going to have to figure out a way to make it safer. For everyone involved. We're so excited. Will post pictures if we actually get it.
