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Updated over 3 years ago on . Most recent reply

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2
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Matthew Donaldson
  • Cleveland, Oh
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2
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Buying a first property

Matthew Donaldson
  • Cleveland, Oh
Posted

I am looking for a first time home. I would like to house hack with either roommates or a multi family. I tried to explain this to my realtor but she didn't seem to understand what I was talking about. She is also advising me to a house that she has listed over others that I've asked about. Is this a red flag. Should I try to find a realtor in my area who better understands my goals. Am I maybe just being too impatient. Thanks in advance for your opinions and advice.

Most Popular Reply

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583
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336
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Reid Chauvin
  • Lender
  • Nashville TN - Licensed in AL AR DC FL GA LA MD TN, TX and VA
336
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583
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Reid Chauvin
  • Lender
  • Nashville TN - Licensed in AL AR DC FL GA LA MD TN, TX and VA
Replied

@Matthew Donaldson there are too many great realtors out there for you to be wasting your time with one who does not suit your needs. I'm sure there are some investment-minded realtors on this site who service the Cleveland area. I think that for your personal situation, it will be important for you to A) work with a Lender upfront who can provide you with an estimate on your upfront costs and monthly payment based upon home price, and B) work with a realtor who knows the market and can gather rental comps for you on specific properties, so that you can determine if you can actually garner enough rent on the property to cash flow. 

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