Originally posted by Jim Ingersoll:I wholesale a lot of REOs and they fall into two categories. 1.

Originally posted by @Matt Rodak:Hi Bryan,Thanks for your interest.

Are you paying more in origination costs in exchange for not having a prepayment penalty?

One had been rented by the same couple for 7 years, one needed to be cleaned and some repairs, and the other had been in the middle of a remodel when the original owner died and his 4 daughters who couldn't agree on what day of the week it was decided to sell.Based on the square footage (2024) alone, I got a great deal. 85,500 with 10% down and 10% interest.

Originally posted by @Brandon Morris:I don’t have any experience with them personally but can vouch for Sterling from Ethosity Property Management. 

My original goal was to fix and rent.

I recently purchased a rental property and discovered it needs more extensive repairs than I originally anticipated.

I've had investors that come to me originally looking for multis in Baltimore end up switching to SFRs because there's a bit more to choose from, and a decent SFR is better than waiting a year for the right multi.

I never did hear back from the owner who I reached out to originally to get his plans with the property and what rent rolls could be and current/future expenses on the property, etc.

Hi Jake,I love the Louisville area & originally from there myself.