All Forum Posts by: Stipe Ba

Do you think making a bigger down payment to avoid the PMI would be beneficial vs holding the extra $ for another property ?

Do you think it's better to put the 20% down and avoid PMI vs to put the 5% and keep the leftover in the bank for another investment ???

West of Ohio City is on the upcoming . Anywhere around the Detroti shoreway isnt bad. In between Ohio City and Lakewood. People are moving on the outskirts of Ohio city for cheaper rents. Building 300k+ townhomes . Also am a big fan of the Mayfield Heights area for SFH. Great schools in the area and POS isnt horrible vs other cities.

Looking into purchasing a foreclosed condo to flip or even possibly rent . It's a newer condo foreclosed and a HUD property . HOA fees are reasonable and it seems like they have their stuff together . I usually deal In single family / duplex homes and have never purchased a condo. Seems like it could be a decent rental with minimal maintenance . Also I did confirm with HOA that they do allow renting the property . What's everyone's thoughts on flipping or even possibly a condo? Anything that I should look out for that might be a red flag ?

It seems like a very well ran HOA with the homework I've done on them . The fees are pretty low for a HOA and the property is less than 10 years old . With today's market . Think it might be a better flip vs a steady rental cash flow ?

What are your thoughts of investing in condos ?

Looking into purchasing a foreclosed condo to flip or even possibly rent . It's a newer condo foreclosed and a HUD property . HOA fees are reasonable. I usually deal In single family / duplex homes and have never purchased a condo. Seems like it could be a decent rental with minimal maintenance . Also I did confirm with HOA that they do allow renting the property . What's everyone's thoughts on flipping or even possibly a condo? Anything that I should look out for ?