Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 17 years ago on . Most recent reply

User Stats

8
Posts
0
Votes
N/A N/A
0
Votes |
8
Posts

Soon-to-be new investor in Akron, OH...

N/A N/A
Posted

Greetings, ya'll. I've been lurking for a couple of weeks, eagerly reading all the great information on the forums, but today I decided I would actually stop being a lurker...

My husband and I are looking to start investing in multi-families in the Akron, OH area...which is in NE Ohio. He's going to be going to school at Kent University, which is about a 15 minute drive from the properties we are eyeing, and once I get back from my second deployment to Iraq (We are both in the Army - though he is getting out to get his degree and become an officer), I'll be attending to Akron to get my degree. We've found a couple of properties to our liking so far, and using the analysis tool provided by BP, they both seem to be good deals. 2 in particular stand out, both 6 units, one we can easily afford with the 20 % down payment, and the other one, which we can do the 20%...not so easily. We've also started to contact some banks for financing the 80%, and are currently looking to either use Commercial Direct or National City...If anyone has any experience with those and has an opinion , it be much appreciated.

We've been studying up a bit these past few months, and I hope to have the property purchased by the time college starts for him, and before I deploy once more...Here's hoping!

Loading replies...