Looking for turnkey providers in Indianapolis - recommendations?

Question

We have been looking at the Indianapolis market for a buy and hold rental property and have started researching some of the turnkey providers and wholesalers. Does anyone have any experiences they can share on wholesalers or turnkey companies in Indianapolis?

Account Closed · Answer

Nicole Hoss

Why not just look in Bloomington? I'm sure there is a lot of opportunity there.

Nicole Hoss · Answer

Exactly!! That's why we are pretty bent on NOT touching the equity we have in our house. We want to keep it completely separate which is why we won't be purchasing anything until we can get a local Indy lender (Monday goals).

Account Closed · Answer

Wholesalers and turn key companies are two very different business what exactly are you looking for? Also you'll do much better talking to TK companies if you know what you want, but you should make up that criteria first.

David D'Ambrosio · Answer

Ive been working with a company called PARC properties and am currently buying with them.  They have been great so far and I have a friend who has used them and been very happy Nicole Hoss

Jay Hinrichs · Answer

Nicole Hoss  personally my residence is off limits to any investment activity.. but that's just me.. I understand many folks have much if not all of their net worth tied up in equity in their personal resi.

just hate to see one tap that equity buy a bummer property .. and create a mess for themselves.

that happened a TON in the years leading to the great 08 crash..

Jay Hinrichs · Answer

Nicole Hoss  financing for rental houses has really loosened up and come back in the last 20 months or so.. as long as you have a 720 fico and 20 to 30% to put down.. and 6 months to 12 months of reserves your in good shape.. and frankly if you don't have any of the above rental houses are probably not a wise thing to go into as you would be under collateralized and not able to weather a bad tenant situation.

Now I know you can get loans with lower fico's and that is not a direct  relationship with collateralization, however I think that's the target for the best RATES.

Happy hunting I know all the persons you mentioned above personally with the exception of Chad and I think you will find them all to be quite capable and knowledgable about their market..

( Capitalized is what I meant LOL still early on the left coast)

Jay Hinrichs · Answer

Nicole Hoss  if your up for it.. post about your buying experience.. many on BP would get real value following along with you .

Shawn Holsapple · Answer

Nicole Hoss - feel free to PM me.  I'm sure I can help out.

Looking for turnkey providers in Indianapolis - recommendations?

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