So lets say the property is valued at 200,000 could a brand new LLC borrow 150,000 to 160,000 to purchase an investment property where the rent would be 1400 to 1500/month.Or since I own the LLC is it strictly based on my ability to get financed?

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

For my real estate investor friends, we have always underwritten our deals based on the deal cash flowing under current market conditions and not speculating on needing to refinance when rates are lower.

Hi Steve,You could put a second position loan on it - like a HELOAN but this will be based off of income/tax returns.

Been in communication with the mortgagor and even after submitting the trust doc, they say it's insufficient and want a grant deed, quit claim or probate document.

Hi Inga, You may refinance based on the ARV with a DSCR loan, with no seasoning period. 

I built my team of sub-contractors and now I focus primarily on mid-sized multi-family.

With its diverse economic base stabilizing the rental market and a community-centric revitalization in full swing, Toledo stands out as a surprisingly lucrative market for real estate investors looking to maximize their investments.Market Trends and GrowthPrice Growth in 43620Homes with 5+ Bedrooms: In the past year, these properties have shown a substantial increase in median sold prices, rising from $139.9K to $167.4K, a growth of 19.7%.

A solid base of steady income with a low return and exciting, headache filled days with sellers, contractors and buyers to make a little extra cash.

Split the proceeds based on what each person put in.