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Updated over 9 years ago on . Most recent reply

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Zachary S.
  • Oxnard, CA
2
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Looking to pick up first buy and hold in Ohio

Zachary S.
  • Oxnard, CA
Posted

Hello Everyone,

It's been a while since i've posted on here but i've finally finished graduate school and have put away enough to pick up my first buy/hold (roughly 20K with another 10K free to play with).

Being from CA where it can be difficult to come up with enough financing to house hack i've decided to look at the Ohio market (specifically the Parma/ Cleveland or Columbus Ohio areas) and have an out of state rental as my first cash flowing property.

I'm looking to pick up either a single or multi family home but i want to avoid getting the low cost/ high risk properties in the $40,000 range. Ideally i'd pick up a single family home for 60-80K or a multi family around 120k in a good school district. 

I'd love to hear any feedback on the idea and also connect with any wholesalers in the Parma or Columbus, OH areas that might have potential opportunities. Also, if anyone knows of any hard money lenders in the area that they recommend i'd love to hear from them as well.

Thanks in advance!

Most Popular Reply

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2,081
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Federico Gutierrez
  • Realtor
  • Cleveland, OH
856
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2,081
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Federico Gutierrez
  • Realtor
  • Cleveland, OH
Replied

Why don't you talk to a realtor that knows the area?

Message me all your questions and I you don't need a hard money lender to purchase a buy and hold when you can get conventional financing.

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