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Updated over 4 years ago on . Most recent reply

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Egheosa Igbinoba
  • Investor
  • White Plains, MD
8
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East Cleveland Project Funding

Egheosa Igbinoba
  • Investor
  • White Plains, MD
Posted

Hello! 

Excited that we are getting our feet wet with a multi-family in East Cleveland for BRRR. Looking for a lender for rehab and/or refinance in the area.

Any recommendations for lenders that consider small projects/amounts?

Thanks!

Most Popular Reply

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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
20,415
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30,193
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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Originally posted by @Egheosa Igbinoba:

Hello! 

Excited that we are getting our feet wet with a multi-family in East Cleveland for BRRR. Looking for a lender for rehab and/or refinance in the area.

Any recommendations for lenders that consider small projects/amounts?

Thanks!

 I don't know that this is something you should be getting excited about. East Cleveland is a BAD neighborhood. I do not recommend anyone out of state attempt to invest over there. Very low probability of you turning a profit.

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