All Forum Posts by: Taylor Jennings

If you download the packet you will have access to all the pictures and information for the property.

I would like to get feedback on the design of the packet.

Also, let me know what what you think the cost of repairs may be while you're in there!

https://www.dropbox.com/s/jvx4odaakf7gibm/13006-P1%20718%20Gladstone%20Packet.xps

Brian Fouts check out the project packet I put together.

I'm a newb so I don't know how much it will be in repairs...

I'm not familiar with the Subject 2s. Mind giving me a quick run down?

https://www.dropbox.com/s/jvx4odaakf7gibm/13006-P1%20718%20Gladstone%20Packet.xps

The house value is around $50k.

The amount of repairs are around $20-25k.

He owes $30k, but is up to date on the payments.

He recently bought a new house and will have to pick up both monthly payments by September.

Is this considered a short sale scenario?

Can I offer less than what they owe and have a lender transfer the remaining owed into a new loan?

Near Kessler you can walk from $700k houses on one street then a block over hit $40k ha It's so bad. BUT Indy is trying to revitalize the neighborhoods.

Speedway is a big project right now.

If you didn't hear, we have some extra pocket money:
http://www.jconline.com/viewart/20130711/NEWS02/307110018/Indiana-ends-2013-budget-93-million-surplus

Here is the dropbox with the information on the houses: https://www.dropbox.com/sh/c2o62mtkp16mttr/NwptaseFSc

The houses are side by side.

One has had a tenant of 5 years in it.

HOUSE 1:
3 Bedrooms
1 Bathrooms
806 Sq. Feet
Location:
315 W. Forsythe St.
Greensburg, IN
Style: Bungalow
Rents For: $550/mo Tenant pays utilities
Occupied: Yes
Price: $30k

HOUSE 2:
2 Bedrooms
1 Bathrooms
840 Sq. Feet
Location:
317 W. Forsythe
Greensburg, IN
Style: Bungalow
Rents For: $480/mo
Occupied: No
Price: $30k

The guy inherited the properties and just wants to get rid of them.

He had mentioned he owes maybe $20k a piece on them (I think by accident).

It's an hour away from where I live.

Does it matter whether there is a REA listing the properties?

Can I wholesale these through an assignment of contract?

Suggestions are welcome for how I should proceed!

Hey Hey! Welcome Latham Hawkins! Good to see another Hoosier =)

You are among friends that also want more out of life.

And you've taken the first step in reaching that goal.

=] That's what I'm talking about! Thank you gentlemen.

How do I find the right website to search their county records and what would I be looking for?

I keep going to these online sources, but don't see 'liens' anywhere... Being a newb has it's pitfalls. Tom Goans Wayne Brooks

Simon Campbell I put a friend of mine who specializes in short sales on the lead.

If the lead isn't good for a wholesale, what would it be an opportunity for? Rental?

I'm not sure what type of lien is on the property.

The gentleman owes on a mortgage, but I think there is an additional lien.

How do I go about find this?

Thank you!