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All Forum Posts by: Ryan Mitchell

Ryan Mitchell has started 4 posts and replied 15 times.

@Ben M.

A good trim guy could fix them it may be cheaper just to fix for now but I think in the long run new cabinets would be better. As a contractor I hate putting bandaids on things that just needs replaced.

Post: Getting started with 12k

Ryan MitchellPosted
  • Contractor
  • Wellington, OH
  • Posts 15
  • Votes 2

@Shawn Ackerman I am in North East Ohio. Why do you say it's a good mind. My thoughts were to buy and hold multi-family homes. I been in remodeling all my life I am 41 now. I am trying to learn more on the financial end of things. My bank will only loan 90k with 20% down do to debt ratio.

Then once I have one going how would I be able to do another?

Post: Getting started with 12k

Ryan MitchellPosted
  • Contractor
  • Wellington, OH
  • Posts 15
  • Votes 2

I have been on NO for a year now. I have 12k saved and want to get in on rentals. The banks wants 20% of LTV what leaves me little to no money for any repairs. I am a contractor. Looking for help I do not want to fail before I get started.

Post: where to start finding financing

Ryan MitchellPosted
  • Contractor
  • Wellington, OH
  • Posts 15
  • Votes 2

Thank you so much. I will keep you in mind 

Post: where to start finding financing

Ryan MitchellPosted
  • Contractor
  • Wellington, OH
  • Posts 15
  • Votes 2

Hello all
I am new here. I own a small remodeling company and would like to start investing and fliping houses. I have six kids and my wife is a stay at home mom.