All Forum Posts by: Sonya Hansell

Hey @Wendell De Guzman - How are things going with your hard money lending company?

Hey @Ryan Dossey - what's the latest on the duplex?

Thank you all for the info.  I guess I was half-thinking the funding.  I hadn't considered doing all at the same time.  @Evan Manship, could you please IM me with your phone number to discuss financing.

Need advice bp friends.  I have 2 properties.  I paid cash for one and will be selling it soon.  The other is a wholesale deal.  I should be buying/closing in the next few weeks.  But I want/need to get rentals.  I am looking for sfh with minimum 3/1 and 30-40k  and also multi's (if I can get seller financing on either).  Seller financing may be coming my way on properties that I am looking at right now (not sure yet).  So the above is my current situation.  My question is regarding when to look at hard money or bank financing.  Or if I should be considering this at all?

Have you tried contacting @Mike D'Arrigo?  He has properties in both cities.

@Mike D'Arrigo  Hey Mike, could you IM me with the Indy turn key companies that you have?

Thanks everyone. So my next question is...how do you come up with all of the numbers to see if the property is worth getting for wholesaling or keeping it for the long term? I've seen ratios/CAP rates etc here on bp, but not sure how all of this is derived.

welcome @Michael Grant

Thanks for the responses.  Great information, as always.

Can someone tell me the vacancy rates for Indy?

Thanks.