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All Forum Posts by: Anthony L Amos Jr

Anthony L Amos Jr has started 6 posts and replied 498 times.

Post: Financing Tips for a 2nd Property

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 510
  • Votes 695
Quote from @Thomas O'Donnell:

I currently own a duplex that I used  a conventional loan with (0% down). If I wanted to buy an additional property this year, what would be the best financing option and how should I go about it? 
I was planning on purchasing another2-4 unit property using an FHA loan and moving out of this one to house-hack the new one.

What obstacles would I face if I went this route? Would there be any debt issues associated with my current duplex that would keep me from qualifying for an FHA loan? Would I be able to use an FHA if I'm still living here since I do "intend" on moving into the new one?
Also, I’d you have any other finance strategies I would love to hear them. I’m a little limited on capital but I really do want to add another property before this year is over. Thanks!


The debt and income your duplex produces will affect your debt to service income ratio which can help if your cashflowing. Since you used a conventional for your first loan and you have the intent on moving into the next place you should be ok with an FHA since you can only have one at a time. Consult with a lender ( I have references if needed).

You can always get another conventional or find a seller financed deal

Post: Foreign investor just decided to start !

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 510
  • Votes 695
Quote from @Juan Rodriguez:

I´m starting with investments in real Estate in US as a foreign person, so a lot of support is required due to living abroad.

After the researching process, I´ve decided to start with a single family flip in Detroit MI. Now I´m looking for a rehab company with a lot of support and patience to deal with a beginner and additionally outside of US. Any recommendations for this partner company?

I´ve found a lot of single homes at "good" prices but I´m not sure if the rehab company is the first thing i need to do or if I´m missing something important. All advice is welcome.

Best regards,


 You definetly want to find an investor friendly agent/brokerage that will serve as a knowledge source for the local market. They can be your "boots on the ground" and help ease any fears you may have about remote investing. They should also be able to connect you with local contractors and other real estate professionals that will fill out your team. 

Post: Looking to connect with others in Ohio

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 510
  • Votes 695
Quote from @Gabriel Alfaro:

Hello everyone,

I am fairly new to real estate and would love to connect with others in the Cincinnati, Dayton, Columbus areas if possible, but I'm open to all cities. I would like to meet other wholesalers, cash buyers and realtors and continue to grow my network and learn from those who are successful in the business. Thank you for taking the time to read this post and look forward to connect with as many of you as possible.


 Hello and welcome Gabriel! Don't hesitate to reach out with any questions

Post: Looking to get started in Ohio

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 510
  • Votes 695
Quote from @Adam Yonan:

Hello, rookie here looking to get started on my path to financial freedom! I would like to look for cash flow opportunities in Ohio but just need some guidance. What are the best cities/neighborhoods to look at? What else needs to be considered? Businesses/jobs moving into the area? Long-term growth/appreciation? I live in Hollister CA so this will definitely be out of my comfort zone to invest so far away but I've read the books and listened to the podcasts so I feel like it's very doable as allot of you have proven! Thanks very much for your time and any input you could provide. 


Home to The Ohio State University with nearly 60,000 students, 5 fortune 500 companies, over +25% population change since 2000, 2016 smart city challenge award winner gaining 50 million dollars in funding from the government, Intel is spending 20 Billion dollars to build two semiconductor plants, and many many more great things presently and coming in the future. Needless to say Columbus will remain a strong real estate market for the foreseeable future.





Post: Markets with great cash flow

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 510
  • Votes 695
Quote from @Naeem Khan:

Hi All, 

New to BiggerPockets and hope to to learn a lot from the community. I am currently in the bay area with a couple LTR here but am looking to venture out of state where there are better cap rates, appreciation, cash flow etc. (which is tough in California). The thing is I am super familiar with my area but don't know anything about the rest of the US. What states/cities do you guys suggest I take a look at that will have a combination of those things and not be too pricy ($400k or less). I've searched through the forums and read a bit about NC, IN, TX, AZ but not sure where to begin. Any recommendations/connections/insight would be greatly appreciated. I have a bunch of equity and cash on hand, just looking for a place to start. Thanks!

- NK


 Ohio has multiple markets that offer cashflow and apprecitation. You have established Metros like Cleveland and Cincy and a rapidly growing metro in Columbus. Furthermore, smaller markets like Toledo and Dayton are even more affordable and offer good cash flow opportunity

Post: How to turn primary residence into passive income. $285K in eqty

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 510
  • Votes 695
Quote from @Janet Gonzales:

Bought my primary resident in 2015, currently have $285K in equity and would like to turn into passive income.  Not sure where to start.


Use a HELOC to invest in an affordable market that has appreciation and cashflow

Post: New Investor! Best advice for first time investors?

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 510
  • Votes 695
Quote from @Ebony Marbury:

Hello, my name is Ebony. I am new to investing and trying to put all of the information I've researched together. All related advice is warranted. 

Best advice for new investors on how to find off market properties?


 Welcome! 

I've found off market properties from cold calling, working with wholesalers, networking with realtors, joining my local real estate investor association (REIA), and driving for dollars

Post: What's the deal with Ohio?

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 510
  • Votes 695

"Ohio. Find it here." 

Post: Strategies for calculating after rehab value

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 510
  • Votes 695
Quote from @Brent Tingley:

Hey Everyone, 

I'm just starting in real estate investment and doing some research in my area, one of the things I'm most curious about is strategies for calculating the after-rehab value and the best way to go about it. I would assume there's some trial and error to it, but if anyone has any helpful tips it would be much appreciated!

Best Regards, Brent 


 A realtor can run comps for you. You can also use some of the major real estate listing websites to filter "like for like" sold properties within the last 90-180 days. 

Post: Newly licensed agent

Anthony L Amos JrPosted
  • Real Estate Agent
  • Columbus, OH
  • Posts 510
  • Votes 695
Quote from @Christina Albera:

Hi everyone, my name is Christina Albera and I am a newly licensed agent living in Dana Point. I’ve interviewed with a few brokers so far. Ultimately, I want to be an investor starting off with multi family/ house hacking or fix and flips. I thought being an agent would be a good way to get a more hands on approach to real estate in general and to network. Ideally, I’d like to align with a broker that works with investors. If anyone knows of anyone in my area that’s willing to mentor, please reach out. Thank you! 

Congrats and welcome to the community! 
I'm fairly new myself and it has been a ride! My advice would be to learn how to quickly determine which "investors" are serious and which are tire kickers. Obtain your leads organically by networking, posting on social media, and working your sphere. A lot of the paid lead generation platforms are not worth it. 
Much success to you in 2023!