What’s up guys? I’ve been a member here for awhile now, but have gotten busy and not been able to post as much as I’d like. I’m currently in Cincinnati but work is bringing me to Columbus and I know there is a pretty decent size showing from central ohio on this board. I’m just trying to get a feel for “who’s who” because I’m looking to jump in with both feet as far as investing goes as soon as I get up there!
I am in Dayton but my investing area is Cleveland. Because of the predatory lending las in Ohio it is hard to find private/HML investors anywhere. Columbus like Cleveland has great prices for houses and the potential for porfitis real good.
The predatory lending somewhat prevents TRUE HML lender to work. For example in GA a TRUE HML lends on the property and equity. Credit etc of the borrower is not a concern. Here in Ohio all the HML lenders I have run in want to pull credit and remind me of a bank.