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Updated about 2 months ago on . Most recent reply

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Ron Kim
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Ron Kim
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Seeking DSCR loan in Cleveland

Ron Kim
Posted

I'm eyeing a property 65k for my first rental investment and I have 25% down payment. It is already generating 900/month with updated electrical and clean interior.

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Joshua Janus
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  • from Cleveland, OH
  • Member since Apr 8, 2021
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Joshua Janus
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Joshua Janus
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  • Cleveland, OH
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Joshua Janus
  • Realtor
  • Cleveland, OH
Replied
Quote from @Ron Kim:

I'm eyeing a property 65k for my first rental investment and I have 25% down payment. It is already generating 900/month with updated electrical and clean interior.


 What neighborhood is that in? I worry about homes < 100k in Cleveland they generally are in very rough areas or need a ton of work and are filled with deferred maintenance.

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