All Forum Posts by: Brianna M.

I’m interested in low cost improvements that can add value to a home. What’s the least you’ve spent on rehab work that translated into a higher sale price?

I am also interested in hearing how people feel this move (assuming it’ll actually happen) will affect their business as investors and the industry as a whole.

@Danielle Wolter Thanks for the reply, Danielle!Very helpful to hear a specific price range.

It’s been a few years since I’ve visited Memphis to see family. I’m due for a trip. Not super familiar with the good vs bad vs decent areas, outside of the research I’ve done on BP and other online sources.

What zips/neighborhoods have you (or others you’ve heard of) had success with for buy and hold property?

@Jay Hinrichs Thanks for the reply, Jay. What price point would you look at in Fort Wayne, IN or Memphis, TN as a newbie real estate investor with limited funds available?

@Chris Mason Appreciate the advice, Chris. I'm pretty new to this, so those options hadn't occurred to me. So far, the best I've been able to find for an investment property is 85% LTV.

As for the credit option, I was told I couldn’t use a credit card for any part of the financing (unless I withdrew cash, put in personal account and waited two months for seasoning - but the interest rate / fees for withdrawing cash from my cc would be pretty high if I did that). Is there another way to make this option work better?

How would I go about finding someone with a HELOC? Is there some sort of list or other resource...or would I just find someone (not you! :-) ) through networking?

I am also looking for property with seller financing available as well.

Thanks again for your valuable input!

Looking to get a conventional loan of 40-60k with 10% down on an investment property in IN or TN. Credit is 750+. Anyone know who would do this?

@Simeon Miller Appreciate the recs!

@Michinori Kaneko Thank you! I actually put in a request to join the FB group last night...just waiting for approval.

@Jordan Wildman That’d be great, Jordan! I’ll shoot you my info along with more context for what I’m looking for. Any recommendations you have as far as growth areas to look at in or around Fort Wayne would also be appreciated. Thanks!

Hello! I’m a newbie investor in CA looking for SFRs in the Fort Wayne area. My plan is to buy and hold /rent out. Under 60k, decent area, and light cosmetic work is OK. I’d be seeking out conventional or selling financing for the purchase. Credit is good. 10% down. Please reach out if you or anyone you know could help. Thanks!