Many lenders also offer an Interest-Only HELOC, with which you pay interest only — no principal — during the draw period (Usually 10 years).

Hey Valerie, Columbus offers opportunities for appreciation due to its growing job market.

I am going for a house hack with Fannie & Freddie conventional , After my 4th offer was rejected going over listing I asked the listing agent for some additional info and they stated that for this property there were 42 showings within 4 days. 1 cash offer, 1 commercial, 15 conventional and one FHA with 9 waived inspections, 11 escalation clauses and 5 appraisal gaps.

Some big recent news is Walmart requiring all remote work to now be in person for thousands of jobs.

How can I verify the Opex of the property prior to submitting an offer?

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

My job is 45 min driving away so if he has the water running it could run for 10-12 hours without me being in the house to fix it).Thanks in advance for your help!

We typically offer cash for keys first.

Until you have a proper valuation for raw land you cannot make an offer.

Despite offering above the asking price, I'm consistently missing out on potential deals.