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Updated 8 months ago on 02/11/2025. Most recent reply

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Posts: 7
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Ron KimPoster

Classifieds

Seeking DSCR loan in Cleveland

Ron KimPoster

Posted February 06, 2025 03:46

I'm eyeing a property 65k for my first rental investment and I have 25% down payment. It is already generating 900/month with updated electrical and clean interior.

Looking for

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Joshua Janus

Realtor
Cleveland, OH

Joshua Janus

Realtor
Cleveland, OH

Replied February 06, 2025 05:27

Quote from @Ron Kim:

I'm eyeing a property 65k for my first rental investment and I have 25% down payment. It is already generating 900/month with updated electrical and clean interior.

What neighborhood is that in? I worry about homes < 100k in Cleveland they generally are in very rough areas or need a ton of work and are filled with deferred maintenance.