All Forum Posts by: Regina Sloan

@Eric Janson, we're told that we'd need 20-25% down for a duplex property. 
We plan to pay the minimum required. Thank you! 

Hey Joseph, thanks for including these details! I'm more your speed type of investor.. I like to do the research as well. Your details have made me, atleast curious, and I see they answered questions above as well. I'm checking out the website and scheduling a call, I'll be sure to add you to referral! looking forward to hearing how you tie loose ends! 

Hi All, 

Besides our current home, which we are not interested in paying off, we have about $30K of debt, highest interest is 5% (2 cars and few thousand in student loan debt). We are bringing in much high income with contract work, so want to make sure we do what makes the most sense. 

My husband is looking for our first flip, no luck as of yet. We are putting aside funds for 25% down payment on our first rental property. Will be a duplex, likely around $200K and will most likely have tenants already (these are our goals, but are ok with it not being this way). 

Would you put all funds towards down payment on property or knock out debt and then proceed w/ down payment? 

Thanks for reading and weighing in! 

I do have a tax prep that I think is great, pm me for that info. Also, be sure to join CIREIA. Welcome to REI.

This is interesting I've never heard of them. Maybe because I'm new to REI and I do live in Indy. I will look them up, thanks for posting.

I agree with the above, and also if your properties are in flood areas

hm, what kind of data are you looking for? what's for sale? the rates? if that's it, you could have a local MLS set you up an automatic listing if you have a friend in that area.

Jillian is the executive director of the local investor group I am a member of in Indy. There's lots of resources for us. It wouldn't hurt to email her and ask if she knows of such lawyer. PM me if you'd like her email. 

@Mike D'Arrigo we have been looking in this area for flips .... would you suggest? Also, I see that you are experienced here- where do you suggst we look? for a flip and buy and holds!

My husband and I are new investors in Indianapolis. We are obtaining our first flip and buy and hold. Would love to connect!