Looking to begin investing out of state

Looking to begin investing out of state

Investor · Member since 2023 · 40 posts · 20 votes

Whats up BP,

I have been reading the threads throughout the different communities for a LONG time and I have been interested in the Ohio market in particular. Does anyone have any good recommendations in terms of a good lender they have worked with before or know of that specialize in the Colombus, Cleveland, Dayton areas?

 Thanks!

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Min ZhangBusiness Member
Real Estate Agent · Member since 2022 · 1k+ posts · 1k+ votes
2y

Hey Mike, great to know that you are interested in Ohio market. Columbus in particular has experienced so much growth for the past few years, partly due to the influx of tech giants like Intel ($20 billion), Meta, Amazon, and Google building warehouses and data centers in the area, which has contributed to an increase in property prices and more people moving into the city for job opportunities.

I invest locally here in Columbus Ohio. I can send you a list of contacts in Ohio to help you build your team, property manager. I also invest in Cleveland and Dayton. Let me know how I can help!

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  • Min ZhangBusiness Member
    Real Estate Agent · Member since 2022 · 1k+ posts · 1k+ votes
    2y

    Hey Mike, great to know that you are interested in Ohio market. Columbus in particular has experienced so much growth for the past few years, partly due to the influx of tech giants like Intel ($20 billion), Meta, Amazon, and Google building warehouses and data centers in the area, which has contributed to an increase in property prices and more people moving into the city for job opportunities.

    I invest locally here in Columbus Ohio. I can send you a list of contacts in Ohio to help you build your team, property manager. I also invest in Cleveland and Dayton. Let me know how I can help!

  • Rental Property Investor · Escondido, CA · Member since 2017 · 684 posts · 550 votes
    2y
    Quote from @Mike Wilcher Jr:

    Whats up BP,

    I have been reading the threads throughout the different communities for a LONG time and I have been interested in the Ohio market in particular. Does anyone have any good recommendations in terms of a good lender they have worked with before or know of that specialize in the Colombus, Cleveland, Dayton areas?

     Thanks!


     Hi Mike

    I have been investing in Ohio for more than a decade and live in California. I have access to providers of all kinds, often providing lending, purchase and management out of one hand. Happy to discuss and help you if you like.

    I own in Dayton, Cincinnati, Cleveland and soon Toledo.

  • AJ ExnerPro Member
    Lender · Springfield, MO · Member since 2023 · 661 posts · 320 votes
    2y

    Hey @Mike Wilcher Jr

    A lot of options, but in that area you definitely want to keep an eye on minimum loan amounts to make sure you don't get stuck.

    Are you focusing on BRRRR or buy and hold?

  • Investor · Member since 2023 · 40 posts · 20 votes
    2y

    @Min Zhang.. Thank you, will reach out to you privately.

  • Investor · Member since 2023 · 40 posts · 20 votes
    2y

    @Axel Meierhoefer... Thank you!

  • Investor · Member since 2023 · 40 posts · 20 votes
    2y

    Thanks AJ, that's good information to watch out for. I'll be focusing on BRRRR with the hopes of grabbing at least 2-3 properties under my belt this year.

  • Contractor · Columbus, OH · Member since 2017 · 85 posts · 83 votes
    2y

    Hi Mike, your interests are in the right place. We operate a Real Estate solutions group and can make any connections that you might need. Our Lead service is an investor only General Contracting company. This company only services investors in the Columbus market and 75% of our clients are out of state. We would be happy to make a connection or help directly. Best of luck.

  • Investor · Member since 2023 · 40 posts · 20 votes
    2y

    @Zac Mckenzie... thank you and i'll look into this, if interested I will surely reach out!

  • Realtor · San Antonio, TX · Member since 2023 · 13 posts · 4 votes
    2y

    Hey Mike , that’s great to hear I know the Ohio market has been booming ! . I’m not aware of any lenders in the area but if you would be interested in investing here in San Antonio Texas I believe is also a great option, I can help with lenders and Contractors I work with a lot of out of state investors ,more specifically from CA. I would love to connect if interested ! 2107091025 call or text 

  • Investor · Member since 2023 · 40 posts · 20 votes
    2y

    @Joshua Perea Molina... Thank you, I haven't thought much about the San Antonio market but I'll keep it in mind! Appreciate you.

  • Sam McCormackBusiness Member
    Real Estate Agent · Cincinnati, OH/NKY · Member since 2021 · 1k+ posts · 834 votes
    2y
    Quote from @Mike Wilcher Jr:

    Whats up BP,

    I have been reading the threads throughout the different communities for a LONG time and I have been interested in the Ohio market in particular. Does anyone have any good recommendations in terms of a good lender they have worked with before or know of that specialize in the Colombus, Cleveland, Dayton areas?

     Thanks!


     Hey Mike, you said you were interested in those areas, including Dayton, have you looked at Cincinnati? Northern Ky maybe? If you are interested I can send you info on it and we can get looking

    Sam McCormack Realtor
    View Page
  • Investor · Member since 2023 · 40 posts · 20 votes
    2y

    @Sam McCormack... What's up Sam, no, I haven't looked into Cincinnati only because I feel like I always hear people talking about there are no deals left (like everywhere else in the world lol) but I'm open to anything as long as the numbers work! Same with Northern KY, I'm open to learning as much as I can. 

    We can connect when you have time. Appreciate you!

  • Brandon GoldsmithBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2020 · 1k+ posts · 1k+ votes
    2y

    What type of loan product are you looking for? @Mike Wilcher Jr

  • Remington LymanBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2017 · 6k+ posts · 7k+ votes
    2y
    Quote from @Mike Wilcher Jr:

    Whats up BP,

    I have been reading the threads throughout the different communities for a LONG time and I have been interested in the Ohio market in particular. Does anyone have any good recommendations in terms of a good lender they have worked with before or know of that specialize in the Colombus, Cleveland, Dayton areas?

     Thanks!


    I can send you some lender referrals in Ohio.
  • Investor · Member since 2023 · 40 posts · 20 votes
    2y

    @Remington Lyman...I'll take any information you're willing to share,thank you very much!

  • Real Estate Agent · Columbus, OH · Member since 2019 · 292 posts · 364 votes
    2y
    Quote from @Mike Wilcher Jr:

    Whats up BP,

    I have been reading the threads throughout the different communities for a LONG time and I have been interested in the Ohio market in particular. Does anyone have any good recommendations in terms of a good lender they have worked with before or know of that specialize in the Colombus, Cleveland, Dayton areas?

     Thanks!

    Hey, glad to see your interest in the Ohio market! I've got some connections in Columbus and can vouch for a few good lenders. Cleveland and Dayton also have solid options. Let’s connect, I can introduce you to them.
  • Wildomar, CA · Member since 2024 · 1 post · 0 votes
    2y
    Quote from @Remington Lyman:
    Quote from @Mike Wilcher Jr:

    Whats up BP,

    I have been reading the threads throughout the different communities for a LONG time and I have been interested in the Ohio market in particular. Does anyone have any good recommendations in terms of a good lender they have worked with before or know of that specialize in the Colombus, Cleveland, Dayton areas?

     Thanks!


    I can send you some lender referrals in Ohio.
     Hi Remington, I am currently looking for lenders who are familiar with Ohio since I just purchased my first property in Akron, Ohio. Can you please send me referrals as well, thank you. 
  • Member since 2024 · 18 posts · 5 votes
    2y
    Quote from @AJ Exner:

    Hey @Mike Wilcher Jr

    A lot of options, but in that area you definitely want to keep an eye on minimum loan amounts to make sure you don't get stuck.

    Are you focusing on BRRRR or buy and hold?


     Could you elaborate a bit more on the keep an eye on minimum loan amounts to make sure you dont get stuck?  Thank you.

  • Realtor · Cleveland, OH · Member since 2023 · 340 posts · 215 votes
    2y

    Hi, I am a Realtor in Ohio. Our market is doing well. People from all over the world are interested in investing in Ohio. What are you waiting on?  Give me a call today! Thanks!

    Regina Blake-216-395-7171

    [email protected]

  • Alfath AhmedBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2022 · 1k+ posts · 1k+ votes
    2y
    Quote from @Mike Wilcher Jr:

    Whats up BP,

    I have been reading the threads throughout the different communities for a LONG time and I have been interested in the Ohio market in particular. Does anyone have any good recommendations in terms of a good lender they have worked with before or know of that specialize in the Colombus, Cleveland, Dayton areas?

     Thanks!



    I have a couple of good lenders that work with my out-of-state investors that I can connect you with. They have the best rates here. I can connect you with them.



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