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All Forum Posts by: Emily Lee

Emily Lee has started 3 posts and replied 7 times.

@Marc Rice I did try the ‘find an agent’ search, but it only came up with one agent who seemed to focus on the north side. Thank you for the suggestion though!

Hello! My husband and I are just getting in to real estate investing, we would like to stick with small multifamily for now but are also open to single family/possible BRRRR properties if the right deal came along. We purchased our first last October, a small triplex. We are ready to start looking for our next deal and are in need of a real estate agent. We would like to focus on south central Indiana- Franklin, Shelbyville, Martinsville, Columbus area. We are local to this area as well. An recommendations would be appreciated!

My husband and I just had our offer accepted on our first rental property 🤗 It is a small 3 unit building. We have a few leads, but looking to see if anyone has recommendations for inspection services and insurance companies? We are just south of Indianapolis in Franklin, IN. Thanks in advance!

Thanks for all the information! Excited to know it could work as long as the numbers make sense with the extra closing costs. I really appreciate the input!

@Young Park

Thank you for the insight! We are currently looking in the area we live. My husband and I both grew up in a suburb of Indianapolis that in recent years has really started to expand. I originally had planned on saving capital for our first purchase, but we have found a couple properties that I feel could have good cash flow and appreciate well, so I hate to pass the opportunity up.

@Matthew Irish-Jones

Thank you for the suggestions! I will look into the other loan types

Hello, first time poster and new investor here. I have read several books and done a lot of lurking here on BP 😊 my husband and I would like to get started with SFR rentals or small multi family rentals. My original plan was to save up money over the next year to pay cash and use the BRRRR method, however we have looked at a few properties and have considered just buying property with a conventional mortgage if we find a good deal in the area we like (we have enough saved for 20% down and light rehab). Our primary long term goal is just to create some extra passive income, we both have careers otherwise that we do not necessarily want to quit. My (potentially dumb) question is, is it possible to use the BRRRR method if you buy the property initially with a conventional loan? I know it's not the *best* way to BRRRR, but if we could refinance and at least pull our down payment back out it would help us keep the ball rolling. Any and all suggestions would be greatly appreciated!