All Forum Posts by: Jan Michael Ronquillo

Come see everything this home has to offer! Located in Lawrence Township close to schools, highways, shopping and more! This ranch style home features a formal dining room, nice kitchen, large bedrooms, ceramic tile flooring, new carpet and fresh paint throughout and a fenced backyard. Pets Negotiable! 

$760 for 1 year lease, $740 for 2 year lease, & $720 for 3 year lease.

Please do not hesitate to call (317) 576-2911 (Property # 444506) T&H Realty for any additional inquiries you may have regarding the property. They are very easy to reach and response time is very considerable.

Self showing of the property is also available for your convenience.

Again, thank you for the attention and interest and talk to you soon!

https://u12980.rently.com/properties/444506?fromsearch=true&source=iframe

Hello @Jim Bleier! 

Good day!

Just wondering if the duplex is still available?

Would love to know more details about the property if possible.

My email would be [email protected].

Thank you and hope to hear from you!

Thank you again! After 6 months, I will definitely ask around for portfolio lenders and see what they offer. Hopefully everything goes smoothly with the refinance and more acquisitions.

Tushar Shah You can ask for Steven Everhart of Level Home Consultants. Very knowledgeable!

@Justin Marshall, so basically it's cash vs brrrr, right? 

I'm leaning towards brrrr as I'm quite confident with the ARV of the properties. And I'm hoping I could fast track my property acquisition.

Is it possible I could get a 70% ARV loan for both properties combined? Hopefully I could get back purchase + repair cost more or less within 70%.

Thank you again for the expert opinion!

Justin Marshall thank you for the feedback! I was just wondering, which is more considerable; A. Finish the loans and have the houses free and clear. I can split the monthly payments between me and the rent while I am under the loans. Or B. Cash out for 15-20 years, pay the personal loans and earn a little cash flow. Property taxes for both should be $2400/ year and insurance is $1200 / year. Again, thank you for the suggestions.

Hello BP community! Hope somebody could enlighten me with my situation. I purchased these properties with personal loans. My question is, how should I tackle these loans?

The values of the loans are as follows:

A. 35K 10% APR (monthly $745) 5 year loan

Property ARV 60K

Rehab 15K

Monthly Rent of $750

B. 40K 8% APR (monthly $786) 7 year loan

ARV 60K

Rehab 5K

Monthly Rent of $800

Won't these loans affect my refinancing options? And what are my refinancing options in the first place?

Any opinions/ suggestions/ criticisms will be appreciated.

Thank you again BP community!!!

Hello BP community! Hope somebody could enlighten me with my situation. I purchased these properties with personal loans. My question is, how should I tackle these loans? The values of the loans are as follows: A. 35K 10% APR (monthly $745) 5 year loan Property ARV 60K Rehab 15K Monthly Rent of $750 B. 40K 8% APR (monthly $786) 7 year loan ARV 60K Rehab 5K Monthly Rent of $800 Won't these loans affect my refinancing options? And what are my refinancing options in the first place? Any opinions/ suggestions/ criticisms will be appreciated. Thank you again BP community!!!

Hello @Samantha Soto! Good day! Please pm me details of the property if still available.

Thank you and have a nice weekend!

@Andrew Postell

Hello andrew! Thank you for responding! I own the house free and it's probably between 55-60k arv. I'm still on the rehab stage right now and hopefully, after reno is done, i could have it on refinance shortly. Any suggestions will really be helpful. Thank you again.