thanks for the help ohio realtor!

I am lookinng for an agent in Dayton OH.

If you are part of the local Realtor Board and your focus is Dayton get in touch. Email is preferred. PM is fine. Or you can post here. I should notice new posts.

John Corey

By the way, here's a publication from the North Carolina Real Estate Commission and the Ohio Association of Realtors stating specifically that you legally do not need earnest money for a contract to be valid.

The two housing markets were moving in the opposite direction.Buffalo NY and Dayton OH have had falling populations for over 20 years.

Mike-OH would say that you should plan on spending 40% to 50% of what you collect on running costs.

In the SW Ohio area (Dayton, Cinci, SE Indiana, NKY)The wife and I are accidental REIs.

Hi my name is Dwayne Stutzman and I'm from NW Ohio near Toledo.

Let's look at your "mid-point" purchase price and call it $193K, 100% loan (I know you did 80%, but let's use 100% to cover your opportunity cost on the 20%) is $1188/mo, P&I.I don't know what ppty tax and insurance run in OH but I've got to believe it's at least 1 1/2% of market combined, so another $3600/year, 300/month, OK.You're up to almost $1500 FIXED COST against an average rent of $1670, which is WAY TOO THIN to make this work.

Loan Criteria Documentation Full Income / Verified Assets Main Credit Score 580 Occupancy Owner Occupied, Non-Owner Occupied Foreclosure 84 Months Old Bankruptcy Ch. 13 84 Months Old Bankruptcy Ch. 7 84 Months Old Loan Amount $100,000 - $1,500,000 Lien Position 1st Mortgage Cash Out Amount $1,500,000 Loan Purpose Purchase, Rate and Term Refinance, Cash-out Property Types Hotel/Motel, Other Commercial Types, Restaurant/Bar Rate Types Straight Fixed, Adjustable, Hybrid Amortization 15 Years, 20 Years, 30 Years States AL, AK, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY Special Features Borrower is a Corporation, Borrower is a Trust, Interest Only Payments Available, Borrower is a LLC or Partnership You might even have to consider a hard money approach---here is an example of what you can expect:COMMERCIAL, 001 70% commercial Loan Program Notes • Loan amounts are allowed from $100,000 to $5 million

Oh well.