What I buy

If you're not sure it fits, send it anyway.

The specifics of what I’m looking for are short, and they change. What doesn’t change is how I close and how I answer: quickly, and straight.

The box

Section 8 rentals are the core of it. I buy houses with voucher tenants in them, houses that could hold one, and houses whose landlords are done. A tenant in place is a plus. A Section 8 tenant especially. I usually know what the housing authority pays in your ZIP before I call.

  • Three bedrooms or more, single family. Duplexes through fourplexes welcome. Bigger buildings with HAP contracts get read here too.
  • Most of what I buy sits under $130,000. Above that it has to earn its way in.
  • Condition: any. Turnkey rents day one. A gut job goes to people I work with who want exactly that.
  • Tired-landlord portfolios and packages: bring them. Three doors or thirty.

Where: Cleveland, Toledo, and Birmingham first. The list is longer than that and getting longer. For the right one, I’ll go where it is.

Terms matter more than price here. Seller financing and subject-to are often the better offer, not a fallback. A seller who’d rather have monthly checks than one wire is already halfway to a deal with me.

How I close

  • Cash
  • Subject-to (I take over the payments)
  • Seller financing
  • Hybrid
  • Wrap
  • Lease option
  • Agreement for sale
  • Loan assumption
  • Novation
  • Morby Method

If you’re a homeowner, the plain-words version of each of these is on the selling page.

Send me the deal.

Address, what's owed, condition, and what the seller wants. Partial is fine. Type it or say it.

Type it out

Or just say it.

Things worth telling me
  • The address, and what the seller is trying to do.
  • What's owed, and the condition.
  • Why you think it's a fit.
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