Locations with lowest starting prices in Ohio

[Santiago Coppoletta]

I've managed to save up around 50000 and I don't think my LLC will get approved for a mortgage since I don't own any properties. So assuming that I have to pay cash upfront what would you suggest me for a low risk positive cash flow rental? What I mean by low risk is C and B class neighborhoods since it's gonna be my first investment and I live overseas.

The problem I see, at least in the Cleveland area, is that properties for that price need considerable repairs. Given that I will pay cash I was thinking in making slightly lower offers in exchange for the liquidity. I appreciate your thoughts and advice. Thank you !

[Michael Ohara]

You most likely won't get a loan because the amount is too small, not because you don't own any properties.  Typical minimum is $75K.  Some lenders can do less.  Nevertheless, there are some moves you can make with $50K, especially in Cleveland. All the best. 🤙🏽