Seeking Capital Partner — Two Underwritten Rural OH Rentals (1.50x DSCR) — Fairfield/Hocking County

Hi all — I'm a local investor/operator based in Lancaster, OH, putting together my first institutional-grade acquisition and looking for a capital partner to join me on it.

The deal: Two rural residential properties in southeastern Ohio, fully underwritten:

767 Valley Rd — $89,900 purchase, $1,750/mo gross rent, 1.51x DSCR

4271 Pleasant Hill Rd — $69,900 purchase, $1,150/mo gross rent, 1.48x DSCR

Combined: ~$192K total basis, ~$20,840 projected annual NOI, ~1.50x DSCR

I'm handling sourcing, contractor relationships, and property management on the ground. What I'm looking for is a partner to bring equity capital (~$48K total across both properties) and/or credit strength — open to a JV equity split, a private note position, or being a credit-qualified co-signer on the acquisition financing. Numbers, comps, and full underwriting available on request.

I also have a pipeline of 8 additional off-market/land leads in the same corridor for future phases once this initial portfolio is stabilized.

Happy to hop on a call or meet locally to walk through the numbers. One-page summary attached.

Justin Carter