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All Forum Posts by: Michael Melchior

Michael Melchior has started 5 posts and replied 12 times.

Post: Leasing with an option

Michael MelchiorPosted
  • Arnold, MO
  • Posts 12
  • Votes 2

awesome, I appreciate the feedback from everyone.

Post: Leasing with an option

Michael MelchiorPosted
  • Arnold, MO
  • Posts 12
  • Votes 2

I'm trying to start my investing venture in the st.Louis area, I actually live in the 63010 area code. I'm a licensed  agent also but I just don't know where to start.  Is it a good idea to buy with a large down payment to create a higher cash flow when leasing with an option to purchase? And because of the depreciated prices in North st. Louis county, would it be smart to purchase property there??