Columbus is definitely a solid market, but I did notice that it tightened considerably, even within about 6 months of my purchase.

We're both willing to personally guarantee these loans initially, but would like to be able to build our business's credit to be able to eventually (several years down the line) take out loans without our names on them.We're both in a place financially where we're comfortable not taking any money out of this business venture for the next several years - rather we're both looking to invest considerable amounts of our own cash towards our available capital initially and each month.

Another consideration is what happens if you loose your job or are furloughed prior to settlement.

@Jeshua Patrick Thanks so much for the kind words@Evan BonnellPlease see the following regarding Considerations re Investing in Real Estate & Considerations re Choosing a Solo 401k provider:General Considerations Re Investing Retirement Funds in Real Estate:1.

Just not them.My two cents is if you want the property, buy it from the current owner for an amount that pays the note off and satisfies any needs that need to be met by you and the owner (Offer and consideration...typical elements of a contract and sale).

Greetings I’m PCSing (military move) soon and want know what are some of the first steps and considerations when looking to purchase a rental property that I will live in during my assignment and then will rent out after?

the rental pool shrinks considerably.

I forgot to also mention, due to the coronavirus situation, and every landlord being a bond-villan in the public eye, is there any other considerations I should be aware of?

I'll take all into consideration.

I will take into consideration everything you have put forth.