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Mike Wilcher Jr
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  • Investor
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Looking to begin investing out of state

Mike Wilcher Jr
Pro Member
  • Investor
Posted Jan 19 2024, 12:11

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 Zhang#1 New Member Introductions Contributor
  • Real Estate Agent
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353
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Min Zhang#1 New Member Introductions Contributor
  • Real Estate Agent
Replied Jan 19 2024, 12:42

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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Axel Meierhoefer
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  • Rental Property Investor
  • Escondido, CA
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676
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Axel Meierhoefer
Pro Member
  • Rental Property Investor
  • Escondido, CA
Replied Jan 19 2024, 12:47
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.

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AJ Exner
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  • Lender
  • Springfield, MO
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315
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AJ Exner
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  • Lender
  • Springfield, MO
Replied Jan 19 2024, 12:52

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?

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Mike Wilcher Jr
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Mike Wilcher Jr
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  • Investor
Replied Jan 19 2024, 14:43

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

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Mike Wilcher Jr
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Mike Wilcher Jr
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Replied Jan 19 2024, 14:44

@Axel Meierhoefer... Thank you!

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Mike Wilcher Jr
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Mike Wilcher Jr
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Replied Jan 19 2024, 14:47

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.

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Zac Mckenzie
  • Contractor
  • Columbus, OH
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Zac Mckenzie
  • Contractor
  • Columbus, OH
Replied Jan 20 2024, 04:17

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.

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Mike Wilcher Jr
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Mike Wilcher Jr
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  • Investor
Replied Jan 20 2024, 09:49

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

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Joshua Perea Molina
  • Realtor
  • San Antonio, TX
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Joshua Perea Molina
  • Realtor
  • San Antonio, TX
Replied Jan 21 2024, 05:46

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 

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Mike Wilcher Jr
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Mike Wilcher Jr
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  • Investor
Replied Jan 21 2024, 05:52

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

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Sam McCormack
  • Real Estate Agent
  • Cincinnati, OH
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Sam McCormack
  • Real Estate Agent
  • Cincinnati, OH
Replied Jan 21 2024, 07:31
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

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Mike Wilcher Jr
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Mike Wilcher Jr
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  • Investor
Replied Jan 21 2024, 07:53

@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!

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Brandon Goldsmith
  • Real Estate Agent
  • Columbus, OH
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Brandon Goldsmith
  • Real Estate Agent
  • Columbus, OH
Replied Jan 21 2024, 09:56

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

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Remington Lyman
  • Real Estate Agent
  • Columbus, OH
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Remington Lyman
  • Real Estate Agent
  • Columbus, OH
Replied Jan 21 2024, 15:37
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.
  • Real Estate Agent Ohio (#2019003078)

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Mike Wilcher Jr
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Mike Wilcher Jr
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Replied Jan 21 2024, 17:12

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

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Harrison Chow
  • Real Estate Agent
  • Columbus, OH
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277
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Harrison Chow
  • Real Estate Agent
  • Columbus, OH
Replied Feb 27 2024, 12:43
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.

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Jesus Reyes
  • Wildomar, CA
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Jesus Reyes
  • Wildomar, CA
Replied Mar 26 2024, 23:43
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. 

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Replied Mar 27 2024, 03:13
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.

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Regina Blake
  • Cleveland, OH
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76
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Regina Blake
  • Cleveland, OH
Replied Mar 27 2024, 06:13

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]

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Alfath Ahmed
  • Real Estate Agent
  • Columbus, OH
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613
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Alfath Ahmed
  • Real Estate Agent
  • Columbus, OH
Replied Mar 28 2024, 11:20
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.