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All Forum Posts by: Ben McMillan

Ben McMillan has started 2 posts and replied 2 times.

I'm in the midwest markets (mainly OH and IN) so there's plenty of good deals...the issue I'm struggling with is recycling my money quickly.  I just want to hear from others who've managed to grow from being a part-time landlord to fulltime...assuming about $100k to work with

Would you do multi-family or SFR?

Focus in IN or OH or both?

What happens when you max out Fannie/Freddie mortgages in your name? Do you find a local lender that portfolios their loans? What if you're an out of state landlord?

Would you try and syndicate larger deals to make your $$ go further faster?

I've used the buy-fix-rent-refi model....but between seasoning requirements and being an out of state landlord it hasn't exactly been the most efficient use of my capital and I'm looking for some solutions to grow

Thanks as always!

Post: Indy vs. Cincinnati for CASH FLOW

Ben McMillanPosted
  • Lender
  • Cleveland, OK
  • Posts 2
  • Votes 0

Hi All,  I'm a recently relocated buy and hold investor from the NE and am living in KY.  I"m looking to aggressively expand my rental portfolio in the Midwest (and hoping to get away from 4% cap rates in NYC)....

What are the thoughts on Cincinnati vs. Indianapolis for high cash-flow buy and hold rentals?  I'm looking for a pure cap-rate play here...ideally paying cash and refi-ing out the $$ into other rentals.

Any and all comments are much appreciated!