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Ohio Buy to Rent Loans Open in Cleveland, the OH Real Estate Vault
Ohio rental property portfolio mortgage lender
Ohio, and Cleveland in particular has been rising on the radar of buy and hold real estate investors. So what’s the draw to Ohio now, what’s so magnetic about Cleveland, and what new investment property loans and trends are helping to create stellar returns for real estate investors?
Ohio
OH is the 7thmost populous state in the USA. While it may not demand as much media attention as California, New York or Florida, Ohiois drawing more commercial developers and rental property investors, as well as businesses.
Trade/transportation/utilities’ may be the state’s largest employer, but OH is also a strong state for manufacturing and finance, as well as small business. Health and legal are rapidly growing industries in Cleveland.
OH has been named a national leader in bioscience and the new green economy, and has 5 of the top schools in the country. The state ranked 11 by the Small Business Survival Index in 2009, was in the top 10 for business taxes, and was nominated number 2 for best business climate in 2010 by Site Selection magazine.
Major OH cities include; Columbus, Cincinnati, Dayton, Akron, Toledo, and Cleveland which was the second most populous city in the state as of 2010.
All Eyes on Cleveland
The Cleveland Clinic and Case Western Reserve University are among the major anchors of Cleveland’s new economy. However, billions of dollars are currently being poured in to redevelop the city and expand medical parks and convention facilities.
Real estate investment mogul Sensei Gilliland, via Realty 411 Magazine has been very vocal about the advantages of investing in Cleveland for value and cash flow.
New jobs, and in-migration are expected to help the local real estate market rebound to previous highs, while delivering great yields of passive income investors.
Ohio Real Estate by the Digits:
- According to the Ohio Association of Realtors (OAR) state home prices rose 3% year over year to May 2014
- OAR says home sales rose 6.2% from April to May 2014
- OH pending home sales rose 9% month over month to May ’14, and 4% y-o-y
- According to Trulia Akron and Cleveland remain the top 2 markets in the country for value, at over 21% undervalued
- In June 2014 91% of OH Realtors polled believed the market was “moderate to strong”
- 96% of OH Realtors predict a ‘moderate to strong’ market for the remainder of 2014
New Investment Property Loans for Capitalizing on Cleveland Real Estate
Rental Home Financing’s new buy to rent loan programs offer real estate investors a powerful tool for maximizing current opportunities in Cleveland.
Between more efficient and speedier financing, and a lender with no limits on the number of properties owned and financed Rental Home Financing provides the perfect tool for fully capitalizing on rental property opportunities, cash flow and built in discounts on Cleveland, OH property, at scale.
State of Ohio Real Estate Resources:
Landlord & Real Estate Law in Ohio
Ohio revised code for real property
Tenant/Landlord Rights and Obligations
Ohio State Bar Association
https://www.ohiobar.org/forpublic/resources/lawfactspamphlets/pages/lawfactspamphlet-11.aspx
Ohio Citizen's Guide to Property Tax
Tax information: http://www.tax.ohio.gov/real_property.aspxOhio Real Estate Tax Forms — All real property tax forms are located here.>
Division of Real Estate & Professional Licensing
77 South High Street, 20th Floor
Columbus, OH 43215-6133
Phone 614.466.4100
Fax 614.644.0584
Web: http://www.com.ohio.gov/real/
Ohio Investment Real Estate for Sale by the Government
Ohio multi family housing may be available for purchase from Ohio Department of Administrative Services General Services Division.
Ohio DAS
4200 Surface Road
DAS Statewide Policies
Properties and Facilities
Real Estate and Planning
Surplus Property
Amy Rice, State and Federal Surplus Manager
Phone: 614.466.6585
Fax: 614.466.1584
USDA-RD and USDA-FSA.
Government owned Multi Family Housing may be for sale by the USDA-RD and USDA-FSA.
To see if there are any RD/FSA rental properties for sale in Ohio, CLICK HERE.
Contact us today to help finance your Ohio investment property portfolio.
More than just a leading U.S. Blanket Mortgage Lender, Rental Home Financing is your partner for long term wealth building and cash flow generation. We’re invested in your long term success.
Contact us today and experience a refreshing new approach to financing investments…
Call today for more information: 888-375-7977 or CLICK HERE.
Rental Home Financing
9465 Counselors Way
Suite #200,
Indianapolis, IN 46240
About Rental Home Financing:
Rental Home Financing, as the best mortgage lenders we originate rental home loan products and cash out refinance investment property loans as the best investment property refinance lenders. Commercial blanket loans are available with a commercial purpose to suit your needs.
Also, as DSCR loan specialists, we are currently authorized to make such loans in most all areas of the United States. Specific circumstances will determine whether we have the ability approve/close portfolio rental home loans in your state(s). When you are ready to get a mortgage for rental property, we are ready to serve you.