All Forum Posts by: Harry Orfanos

Thank you everyone for your input and feedback! It has been extremely helpful! 

I appreciate the insight, Jad! Thank you!

Thank you for the feedback, Eric!

I am looking to become a new first time investor and am working with a great Realtor out in the Cleveland area. He just sent me a deal that checks a lot of boxes (Newly renovated, cash flows according to the 2% rule and the rental calculator, etc). However, the "Crime", "Housing" and "Employment" ratings for this area (Fairfax) all have "F" ratings according to a few sites (areavibes.com, being one).

Anyone have any thoughts on investing in areas like this (especially with an F in employment), despite cash flowing on paper and being newly renovated?

Thanks!

Thank you all who commented/replied! I appreciate everyone's insight on this! 

Quick question here.

I currently have enough capitol saved up to make a move on a real estate investment property (Most likely Ohio or Jacksonville), but was recently laid off from my company.

My question is, will a bank give me the time of day if I am currently unemployed, or is it still worth reaching out to have that loan conversation with them?

Or should I pick up the loan conversation once I am employed again?

Thanks!