My wife and I are very interested in investing in another property as we are eager to expand our portfolio.

Currently we are finalizing paperwork and figuring out what insurance we need and just trying to figure everything out all at once.

I'm speaking of co-living in a typical A or B level neighborhood house, so instead of a 20-25% down payment, we are speaking of a 1-5% down payment. 

We currently still have the AK condo rented out and have bought a house in Phoenix that we are currently are fixing up. 

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

We are a small partnership with 4-5 properties currently, but we are growing and hoping to find a reliable lending partner that we can do repeat business with.About 3 months ago, we successfully completed a BRRRR deal where we had excellent numbers, over a 1.25 ratio at 75% LTV, our guarantor partner has an 800+ credit score, and we had no issues qualifying for the loan.

Hi Everyone, My name is Moustafa and since my wife and I just got married we are looking more into our future to be FI.

Does that mean we are evil for for running a business?

My partner and I have ~20 doors in Columbus OH, and we are interested to expand our portfolio to Cleveland, including around Lorain and Euclid.

We are local landlords in NE Ohio- Greater Akron area.