Originally posted by @Fernanda Felton:@Antoine Martel you know I’ve been looking at Ohio-liked Cleveland area due to strong healthcare market.

Originally posted by @Anthony Gayden:That's because some were grossly overpriced.Just as an example, there are 4 plex buildings immediately across the street from mine for sale for $350,000.

You can usually identify the origin of the fire.

Originally posted by @Mitch Messer:Hi @William Henze and welcome to BiggerPockets!

So here's how it played out in my head.1) Get a loan from a Hard Money Lender for $120k.2) Find five properties for $100k or less.3) Use $100k of the $120k loan to make the down payments and keep the other $20k in reserve to cover closing costs and any minor repairs needed for the properties. 4) Get the properties rented out and within six months to a year, refinance the properties to pay off the original lender.Now, on paper, this idea sounded really good and I assumed it would be feasible. 

@Tyler Yontz You’d send the buyer the assignment contract along with the original purchase and sale agreement between you and the seller for him to review.

Especially when you still have $30k from your original $60k in the bank.

Originally posted by @Tom Gimer:I have a client who took an assignment on a deal -- original contract stated there was a $10 EMD.

Our original plan was to keep it as a rental.

Originally posted by @David Cruice:That's a lot of questions for a single post, @Andrew Caldieraro, but here goes with at least a couple of answers/suggestions.