Purchase price: $230,000 Cash invested: $62,000Duplex purchased in 2020.

Purchase price: $532,500 Cash invested: $106,500 I just bought a duplex on 3rd Ave on the Columbus side of Grandview and am planning on living in one side and renting out the other.  

We are Canadians looking to purchase a few rental properties in Ohio.

Quote from @Christina Venegas: Quote from @Dominic Mazzarella: Quote from @Christina Venegas: is it possible to do HELOC on a primary home that was purchased 6 months ago with 5% of down payment, the property was $145k and it was appraised at that time for $160k. i need advice from investors and lenders, if anybody knows some lenders that could help me I would really appreciate it, thanks for taking your time to respondIt’s definitely possible to get a HELOC on a primary home, but most lenders have a seasoning periods which are typically 6-12 months after purchase before they’ll allow it.

No, refinancing isn’t an option because of how we purchased the property.

Owner occupied loans have allowed us to purchase properties in markets with heavy appreciation, and potential for huge rent increases.

I purchased my primary residence in Tennessee in March 2024.

It's even better if you've done it with land that was purchased at an auction!

- How long before you think you would be able to get your own loan and purchase the property in your names?

This Abbeywood Dr property was an attractive opportunity due to its below-market purchase price and strong demand in the Decatur area.