All Forum Posts by: Muhammad Amawi

There’s a lot more information here that needs to be provided.. What are your goals as a real estate investor? Will you have the capital to be able to do a complete rehab and flip? How long do you plan on living in the residence? Have you already secured financing?

If you already have financing secured and will have ample funds, purchasing a property that you can put some work into to increase the arv while house hacking would be pretty ideal. This way you could set yourself up for a cash out refi later.

If you don’t have time for the labor, I would look for something more turnkey.

0 Votes

Columbus, Ohio

Hey Dylan,

I actually grew up in Lakewood and am connected with plenty of real estate agents that know Lakewood like the back of their hand. Let me know how I can help

0 Votes

Cleveland, Ohio

Hey Julian,

Looking for 1.2 or greater is a safe bet for investment purposes. For 1-4 unit properties DSCR can be a little more flexible largely depending on credit and assets. The ratio can range from .85-1.15. Some cases may not require any ratio at all if your FICO is high enough.

Having 1.5m in verifiable assets will help for qualification as you will typically need 6-12 months of reserves.

0 Votes

B2B realty

1 Vote

Cleveland, Ohio

Hey Nathanial,

I've worked with quite a few out of state investors to help them get started investing in the Cleveland market as I'm well connected with PMC, title, insurance, investor friendly real estate agents and contractors. Let me know how I can help.

Look forward to connecting!

1 Vote

Cleveland, Ohio

Hey Clearvens,

Welcome to BP! Make sure to always do your diligence and ask a ton of questions. Everyone here is extremely helpful.

0 Votes

Hey Charles,

The county will typically have a website where you can find the taxes that were paid for said property in the prior years.

1 Vote

Dallas, Texas

Hey Andre,

Cash needs to be seasoned and sourced. To Charles' point, it is better to start entering your tips and declaring it as income as it should allow the approval process to go a little smoother.

0 Votes

Quote from @Shane Kelly:

@Muhammad Amawi Is a local lender who may be able to help you out.

Thank you Shane.

Johnny I've just sent you a PM

1 Vote

Quote from @Carla Kordab:

Quote from @Cheza M.:

Hi all,

I need help filing a complaint against my current PM who's not wiring the funds to my account. His company is located in Cleveland Ohio. I've tried calling some numbers but weren't successful. Most just ask you to leave a voice message but they don't really call you back. Does anyone know where exactly I could file a complaint? What website, emails, phone numbers I could use? Thank you so much!

Hi Cheza, our team in B2B Property Management can give you the answer you want, I would love to have chat with you about a few details. If you can check your DM. Keep it up!

B2B is great to work with

1 Vote

Cleveland, Ohio

All Forum Posts by: Muhammad Amawi

Muhammad Amawi has started 7 posts and replied 125 times.

Post: 203k Loan on a house hack

Post: Looking to tour Lakewood, OH area with experienced realtor

Post: Question about DSCR

Post: Recommendation for property managers

Post: First Time OOS Multifamily Investing

Post: Looking forward to learn from each and everyone.

Post: How to Estimate Property Tax? (Texas)

Post: Cash for down payments

Post: Recomended Lender for Warrensville (Cleveland) OH

Post: How to file a complaint against a PM in Ohio Cleveland?