All Forum Posts by: Nova T.
Nova T. has started 5 posts and replied 9 times.
Post: Blanket Loan for Marion, IN Package

- Investor
- Indianapolis, IN
- Posts 11
- Votes 2
@Andrew Postell thanks! I just made the post there. I’ll be looking out.
Post: Blanket Loan for Marion, IN Package

- Investor
- Indianapolis, IN
- Posts 11
- Votes 2
I have a 19 property package in Marion, IN. Looking for recommendations to get a blanket loan to close on the package. The values would be like $45k each property. The issue I’m currently having is finding a lender who is willing to accept the current values to qualify. Most of everyone I’ve already contacted require minimum property value of $75k-$100k. Does anyone have any lending recommendations for blanket loan lending in Marion, IN?
Post: Blanket Loan for Marion, IN Package

- Investor
- Indianapolis, IN
- Posts 11
- Votes 2
@Jonah Hartsburg okay thanks! I’ll be on the lookout for your message.
Post: Blanket Loan for Marion, IN Package

- Investor
- Indianapolis, IN
- Posts 11
- Votes 2
I have a 19 property package in Marion, IN. Looking for recommendations to get a blanket loan to close on the package. The values would be like $45k each property. The issue I’m currently having is finding a lender who is willing to accept the current values to qualify. Most of everyone I’ve already contacted require minimum property value of $75k-$100k. Does anyone have any lending recommendations for blanket loan lending in Marion, IN?
Post: Private Lender only wants 5% interest?? Is this common?

- Investor
- Indianapolis, IN
- Posts 11
- Votes 2
Thank you everyone for the advice!
Post: Private Lender only wants 5% interest?? Is this common?

- Investor
- Indianapolis, IN
- Posts 11
- Votes 2
Hi everyone,
I’m currently raising private funding for real estate and I came across a lender who only charges 5% interest. Here are his other loan terms:
100% financing on purchase price and rehab
Interest rate 5%
Funding frame 10 business days
No pre payment penalty
Max loan duration 10 years
Amortization repayment available
Interest only payment available.
Has anyone ever found a money partner that only charges 5% interest?? I want to make sure I’m not being scammed since I’m aware that there are alot of funding scammers out there. Thanks in advance!
Post: Need an investor friendly realtor to join my REI team!

- Investor
- Indianapolis, IN
- Posts 11
- Votes 2
Thank you both for your advice. I am willing to partner up and workout compensation for the comps task when I close the deals. I will also send any dead leads to the Realtor.
Post: Need an investor friendly realtor to join my REI team!

- Investor
- Indianapolis, IN
- Posts 11
- Votes 2
I am currently building a REI team for my wholesaling business. I am looking for a investor friendly realtor in the Indianapolis, IN area who is in the REI business as well to run comps for me on a daily basis. If anyone is interested please contact me and we can discuss further. Thanks!
Post: Indianapolis Mentor Needed!

- Investor
- Indianapolis, IN
- Posts 11
- Votes 2
Hey! My name is Neisha. I am a wholesaler in the Indianapolis local area. I would like to invest in a mentor to help me get through my first few wholesale deals. If anyone has the time and willingness to mentor me I would greatly appreciate it. We all had to start somewhere and this is my start. Thanks in advance!