All Forum Posts by: Tracey Williams

It should be a concern but not enough to prevent you from making your calls. You should bring it up during your due diligent stage and it may give you room to negotiate if there are some deferred maintenance. 

Verify Verify verify everything you receive from the seller and do your due diligent well and do it again! (best advice I received this week)

Good luck!

Go to your City Housing Authority, they have all the necessary information for you and they also offer classes for prospective landlords. They have a website Called GoSection8.com that you can list your property (I don't know if this is national but Columbus Metro has one in Columbus).

Good luck!

@ C. Timothy Murphy

I Just sent you a PM. I am still looking for an agent in Cleveland, planning to come over the weekend.

Thank you 

Thank you for all your recommendations!

I am looking to purchase a 20units or more multi family in Cleveland Ohio in the next two to four months, and I need an experienced commercial real estate agent or broker that knows the market in Cleveland that I can work with.

Kindly PM if you an experience agent in Cleveland or you have someone to recommend.

 Thank you

@Luka Milicevic Congratulations !

Am sincerely inspired by your story & encouraged to be persistent.

How is the market in Nashille? Am looking for a 20units or more Ohio and surrounding state. 

Best of luck!

A portfolio lender will write the loan in your LLC

Good luck!

@Eddie Quimby 

I totally agreed that the appraisal for HELOC are very conservative and the equity mostly will be less than the $80,000 you projected. It's a great way to have access to funds.

Good luck!

Try your small local banks. They are the best!

Good luck 

Definitely try your small local bank. I just close with a small bank in my area and the process was very easy and fast. 80%LTV

You will still have to show two years tax return, good credit and statements. 

Good luck !