All Forum Posts by: Bailey Coleman

I know of a few I use. Send me a message

Chat I am a fellow real estate investor and have been through a few PMs in Cleveland. Lets chat off line as I would like some more info

What federal and state tax credits are you going to use? Is it a specific program? We do fix n flip in the Cleveland market so if you need contractors we may be able to help

 I 100% agree with that statement. I do this everything and I can say it has tremendously impact my value. 

I have actually used them, and worked with their principal in that video they are OK.  I personally don't want to use them again mainly because of the lack of communication 

I believe some of the responsibility does fall on the OOS investor. Doing your due diligence is important. Why couldn't they run comps on the property instead of paying 50k over asking. Or verified everything with a realtor or even ordering an appraisal 

 Copy, I am going to send you a PM 

Does a property appraise for less or have less rent if there is a commercial building across the streets from it? I am trying to figure out if I should buy this single family house for a buy n hold. I am planning on doing a BRRRR. I have done 1 already down the street. However there was no commercial influence near that house. Both houses are the same sqare ft and everything. Will I get the same ARV or different since the 1 house is across from commerical ...Any thoughts????

I am negotiating with the bank on a short sale and they will not let me use our own title company....Has anyone worked with Golden Eagle Title before in Cleveland Ohio? That is the title company I am forced to work with. Can someone connect me with a rep that works at that company?

Another route you can take is using hard/private money on a cosmetic flip using the BRRRR strategy. If you go this route, I recommend finding a good deal and the lender could possibly fund 90% of the purchase price and 100% of the rehab depending on your FICO and experience. This way you are coming out of pocket with little money and then can refi after the property is rented out and can ideally get all the capital you invested and pay off the hard/private money lender