All Forum Posts by: Alex Brant

@Alex Brant, Thank you for the reference. I’m waiting on a call back from the local bank next to the property. Sounds like they will take it on, with approval. If it doesn’t work out I’ll try those suggestions.

Have a great day.

No problem!

0 Votes

@Ryan Davidson I would recommend First Merchant's Bank or Huntington Bank. I've had pretty good success with using them for Indianapolis and Anderson (North East of Indy) properties.

2 Votes

Originally posted by @James B.:

@Alex Brant

Sure, we use A Step Ahead Management and USI Property Management.

Both have been great- really proactive and communicative! Let me know if you need contact info.

Awesome! I've actually done some business with AStepAhead. Good team. Found USI on Google. Thanks!

1 Vote

Originally posted by @James B.:

We own SFR's in both the wonderful Indy and Memphis markets, and have been operating there for a couple of years with great property managers.

In 2018 I want to change my strategy to the BRRR method and am looking for a lender that does this strategy.

We'd Buy and rehab with cash- tenant it ad then need to cash out refi.

Please PM me and I'd love to chat- thanks!

Hey James, could you either PM me or reply back the property management company you use? I'm also in the Indianapolis market. Much thanks!

0 Votes

Originally posted by @Simmy Ahluwalia:

Hi James, we can up to a 70% cash-out/refinance with 30 days of title seasoning, which will basically cover your acquisition and rehab duration - [email protected]

Hey Simmy, I'm also in the Indianapolis Market. What are typical rates if over a 700 FICO? Do you lend on appraised value or purchase cost? Term and amounts?

0 Votes

Originally posted by @Mary Ann Shlim:

Its not a rental. Its a flip we finished. We dont qualify for traditional lending because of dti.

Hey Mary, what is DTI? I came across this article also wondering about Bridge Loans. My case is more towards the future but just starting to research.

0 Votes

Originally posted by @Nicholas Armstrong:

@Alex Brant

That's Great! How was the application process? I've heard people have had difficulties with such platforms

Not bad! Just be honest with them. You can also try colerealtyresource.com if any issues come up.

0 Votes

Originally posted by @Nicholas Armstrong:

@Alex Brant

Awesome, I have been getting the numbers from the probate list I mail to. How has your experience been with LexisNexis?

Pretty good! About 70-75% of the addresses have numbers and a fairly high actual owner contact. Still tracking this data, since cold calling is one of our newer processes.

1 Vote

Originally posted by @Nicholas Armstrong:

@Alex Brant

Nice!

Where are you getting your phone numbers?

We do a lot of direct mail and PPC generation in which people call us and we either get the deal, put on follow up or mark lost.

As far as getting lists with phone numbers, I would focus on buying in areas you want to market, getting addresses in that area and pulling the phone numbers in that area. We use LexisNexis for that.

0 Votes

Like Nicholas we also are using SkyBroadcast. We have been using them for several months and have gotten 2 or 3 deals from follow up Ringless VMs out of the around 100 on a follow up sequence. Just make sure you aren't offering to list the home, as this can sometimes be against DNC regulations, if not fully disclosed.

3 Votes

All Forum Posts by: Alex Brant

Alex Brant has started 4 posts and replied 23 times.

Post: Looking for banks or lenders in Indianapolis area

Post: Looking for banks or lenders in Indianapolis area

Post: BRRR in Indianapolis and Memphis Lender Needed

Post: BRRR in Indianapolis and Memphis Lender Needed

Post: BRRR in Indianapolis and Memphis Lender Needed

Post: Bridge loan process?

Post: Ringless Voicemail Broadcast Marketing

Post: Ringless Voicemail Broadcast Marketing

Post: Ringless Voicemail Broadcast Marketing

Post: Ringless Voicemail Broadcast Marketing