All Forum Posts by: Jack Townsend

 Hi Kerry, 

Yes I am looking for off market deals!

317-691-9130

 Hi River,

Thank you for reaching out. I am looking for an equity partner. I am not looking for hard money at this time!

I am a buy-and-hold investor that buys exclusively in Indianapolis. I am interested in acquiring more single-family homes in the 150-250k range in the surrounding Indianapolis areas using the BRRRR strategy. After a few years of searching, I have found a general contactor that I love and trust and am ready to pour gas on the fire.

I am looking for a partner interested in a long term buy and hold strategy! I am an Indianapolis native and currently work as an ER doc at the county hospital downtown. 

I heard David Greene mention a loan product that only requires a 10% down payment on the purchase price and 10% of the rehab budget. I am curious if anyone has had any success using this product. 

Does anyone have experience with the BRRRR loans? I am curious if anyone is using this product to build their portfolio. What is the time period required before refinancing? How do you determine the rehab budget with the lender?