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All Forum Posts by: Jermaine Walton

Jermaine Walton has started 2 posts and replied 2 times.

Creative Real Estate Financing

Post: Financing Under $100K

Jermaine WaltonPosted
  • Posts 2
  • Votes 8

Hi Everyone - Newbie here. How do you get financing on a home under 75K.

I have the 25% down, but talking to a lender that I have a pre-approval from; they don’t loan under $100K for a rental purchase. 

Looking to buy in Toledo, Columbus and Cleveland. 

Thanks 


7 Votes
First-Time Home Buyer

Post: Cash On Cash %

Jermaine WaltonPosted
  • Posts 2
  • Votes 8

Newbie Here - quick question. What is the typical cash-on-cash % return you want on a deal? 

Asking as I’m seeing numbers around 6 to 8%.. but was hoping to be in the teens. 

Thanks and sorry if this has been answered before. 

1 Vote