Hey all, I’m looking to purchase a rental property in Cleveland, but I’m getting mixed messages about whether or not I would qualify for a mortgage because I’m Canadian.

Details Arbitration deal w/option to close whenever within 6 years at the pre-agreed purchase price.

One year ago I purchased my first rental, house hacking a 4000 square foot duplex.

I just signed a consultancy agreement with a data center developer who is currently looking to purchase property suitable for data center development within the Commonwealth of Virginia.

It's important if you're going into a new area that doesn't have a ton of development yet, but you are very confident in, to purchase as much inexpensive land as possible before your plans become known but to also make sure you drive enough volume in that area to make it clear to tenants that they're not in a desert outpost all alone.

Purchase price: $600,000 Cash invested: $120,000 Contributors: Michael Ablan 10-unit, multi-family property in an area I already invest. 8 of 10 units have been interior rehabbed.

My goal is to purchase a bigger home with my finance in the next year or two (thinking around $400-450k single family home).

Hey Randy, that sounds awesome you're looking to purchase some properties in the Cleveland market! 

Why do you think purchase contracts are so long and have such small print?

Will be purchasing a 4plex next year which needs roughly 80 to 100k down payment.