Step 1: Ensure you can get financing (is it a cash purchase or will you need a loan). 

Keep in mind, it would be in your best interest to go for as high as 4 units on each purchase to maximize your door count. 

In Columbus Ohio, you can still find deals that hit the 1% rule anywhere from $120-180k purchase price.

Purchase price: $425,000 Cash invested: $5,000 ell after just 6 months of owning.

So pretty good equity position within a year plus cash flowing well based on a $325k purchase price.

It allows you, the wholesaler, to transfer your rights to purchase the property to an investor.

As I build my career as an agent, I’m also passionate about real estate investing, specifically with a goal of purchasing multi-family, buy-and-hold properties where I can live in one unit and rent out the others.I’m here to network, learn from experienced investors, and contribute to the community.

We are considering the following options:-I purchase the property from my aunt – Perhaps we can do seller financing to reduce fees?

Or buy something that needs some love and some hard money lenders will fund up to 90-100% of the purchase and rehab.

Purchase price: $675,000 Cash invested: $250,000 Country estate with 2 houses.