I’m particularly interested in off-market opportunities and would appreciate working with someone who knows the area well.The purchase will be under my name, but I’d love to take advantage of any benefits tied to my daughter’s first-time buyer status, especially considering her limited credit and assets.

For the following information I give full credit to Jimmy Napier, the most creative real estate mind I ever met.

I currently have 5 properties; 7 units. (1 office building, 2 duplexes, and 2 single family homes) I am currently pulling a line of credit out of my office building and will be using that to purchase a 6th property.

. $70k for a full gut renovation doesn't sound like much, depending on how many square feet the property is.Also, it might be worth finding another local investor in Lorain who understands the building court...you should be able to attend, tell them the story, and then find a creditable contractor to get this done or figure out what you could whole sell the property for so you can get out from under the stress.

You want to know where you have flexibility and options to change so you can make decisions as you go to stay on track.

The Seller did not understand or misunderstood and thought that NONE Of these $60K in funds would be credited or APPLIED towards the $300K property purchase STRIKE PRICE.

Our track record of over 36% IRR to our investors is hard to match in this industry or any other (and that includes two recessions, unlike most of the currently active syndicators in our space).

If an inspector finds the outlets aren’t up to code, the parties might negotiate a credit from the seller to address the issue, with any further repairs being the buyer’s responsibility.

Building a strong financial foundation involves aiming for a credit score of 700+, educating yourself, building relationships with agents, lenders, and property managers, and analyzing properties with positive cash flow.

Conventional versus non-qm products have similar pricing, but restrictions on DTI and capped number of properties will limit how far one can go using conventional.We currently have no debt, excellent credit and are pre-approved for a conventional mortgage on the first property.