All Forum Posts by: Evan Manship

Hey Brett- Can you email me more detials on this please? (317) 828-4986 

Thanks

Is this property rented at all? Can't imagine a scenario where this would lease for $1,000.

All-

I'll be making a trip this coming week to Kansas City to check out some new neighborhoods for our buy/hold arm. Would be great to catch up with some KC folks who could point out some hot neighborhoods for investing. I will be in town April 26 and 27.

Our bread/butter is 2/3 bed 1+ bath ranches built 1950 and newer. However, this is my first venture outside Indianapolis so I am really trying to get my bearings straight on what neighborhoods are investable. Don't want trash taking up my limited time.

Would love to meet up!

Evan

Looking to network with folks outside of Indianapolis who provide significant direct mailing campaigns that would be open to partnerships on local and coastal buyers. Our buying network is increasing rapidly and are always looking to partner with folks who have deals to be done.

Feel free to reach out directly. Thanks

Hey folks

I am an Indianapolis investor traveling to downtown Chicago for a real estate course and certification that I will be in town for all week. I am staying at the hotel Chicago.

Would be great to meet up with some other investors in the Chicagoland area who might want to get together for a beer at some point this week. I'll never say no to meeting somebody.

Indianapolis investors:

2015 was an exciting year with a lot of changes and redevelopment in areas throughout the city. As we get underway in 2016, I am curious what everyone's different neighborhoods to watch for the most value-add growth moving throughout the year and how they compare with local investors and out-of-staters.

1. Most underrated neighborhood

2. Most overrated neighborhood

3.  Most highly anticipated neighborhood

I'll hang up and listen.

Looks nice. What are the details, Todd? [email protected]

@Don Harris@Shawn Holsapple@Kortez Walker

Thursday? For some reason I have INREIA marked down as every second Tuesday of every month. I will be attending these in 2016 as well. 

Am I missing something?

Hi @Harlan Looney and welcome to BP. There are a group of us that get together at least once a month to discuss our latest deals, network, and have a beer or two. Would be great to have you along.

Feel free to contact me directly.

Ok- here is the situation:

I am purchasing a duplex and utilizing a 203k to do so. It is an off-market, estate sale property so the process has been dragging out since I originally put it under contract in June. I was pre-approved for my mortgage the same month and my credit was perfectly fine (720ish).

 Here is where it gets interesting.

Unbeknownst to be until last week, I have had activity on a credit card I haven't used in several years with a bank I no longer use. I remember cutting up this credit card with scissors about 12 months ago so obviously it wasn't any wrong doing of my own that the card was used. However, since I didn't know the card existed, much less that there was an outstanding balance, the delinquent charges plummeted my credit score down to around 600 -- beneath the minimum threshold for a 203k loan. Luckily the fraud was only about $150 and I have already paid it off in full from my account -- hopefully enough to raise my credit score enough to ensure my loan.

My closing deadline is this coming Friday, and I am lucky to have family willing and able to chip in so that I can close on the property in cash. However, I would like to refinance out and get them all paid back off as soon as possible and I want to ensure that it can be done before January 1.

My question is, can any mortgage lender (particularly someone who specializes in 203k loans), speak to what the process is like for refinancing out? What are the minimum credit scores for a re-fin? I

All help is appreciated. Thanks