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Updated over 4 years ago,

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15
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2
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Locations with lowest starting prices in Ohio

Posted

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 !

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