The WA state credit union wherehe wanted to establish himself with a checking/savings accountrefused to take him. 800 credit, federal worker, very reliable, butout of state ID.

Nobody compares to what they offer cardholders/sellers.

@Brandon WongHello, I put together a spreadsheet model a while ago for calculating IRRs on rental investments, as an attempt to capture comparable returns by discounting future cash flows (in REI you also hear about cash-on-cash, which is typically at a point in time), and it sounded like you are having a related predicament.

(Compared with 3.9% for the U.S.)2.

When you buy a home in Ohio for significantly more than its current assessed value, like $400K compared to the county's assessed $80K, your property taxes will likely increase, as the county will reassess the property based on your purchase price.Regarding your idea to have the seller transfer the property into an LLC and then buy the LLC: this strategy may avoid immediate reassessment, but it depends on local tax laws, and you should consult a real estate attorney to confirm if this is viable in Ohio.

You should calculate projected rental income and see how it compares to your monthly payments of $4,210.31.

I compared size, amenities, whether or not a property was rehabbed, parking, and location.

Similarly, investing in A-class single-family homes offers a different experience compared to C-class multifamily properties.What is your desired goal?

With your oilfield salary in the low 200s, you’re in a strong position to invest in a 4-plex, which can provide better cash flow and economies of scale compared to a duplex.

I would love to hear from others who own them to compare experiences.