Blog Stories Just Sold: Albina Duplex (Sometimes You Have To Get Creative)

Just Sold: Albina Duplex (Sometimes You Have To Get Creative)

By Mel Dorman, October 27, 2023

4024-4026 N Kerby Ave
Portland, OR 97217

In this tough market for investors, interest rates are too high for a lot of investors looking to finance a property and “cash flow”.
For this buyer, Melissa Dorman put on her thinking hat and got creative.
Melissa negotiated:
  • Seller financing, with
  • Interest only payments
  • (5 yrs with a balloon payment)
  • payments low enough for the buyer to have positive cash flow
  • Terms that also worked for the seller. Win-win!
Melissa specializes in investment properties and creative solutions – if you’re looking to invest but can’t get the numbers to work – give her a call!

!

2 BEDROOM | 1 BATHS | 855 SQFT
2 BEDROOM | 1 BATHS | 855 SQFT
Sold  10/24/2023 | $625,000

Mel Dorman

Broker | OR & WA

She/They

Ten years ago, Melissa was living in a slum in Kolkata, India, helping over 200 women escape sex trafficking by providing alternative work at a social business...
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  • T: 503-567-4697
  • melissa@livingroomre.com

Mel Dorman

Broker | OR & WA

She/They

T 503-567-4697

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