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All Forum Posts by: Louise A.

Louise A. has started 0 posts and replied 245 times.

Post: New member from Australia

Louise A.Posted
  • Investor
  • Seattle, WA
  • Posts 253
  • Votes 112

@Marz Junior 

We have some great RE meetups here in Indy.  Let me know when you'll be in town and I can make sure that you know about any meetings happening when you're in town.   

Post: Tips or script for seeking portfolio lending

Louise A.Posted
  • Investor
  • Seattle, WA
  • Posts 253
  • Votes 112

@Daniel Elbe 

I haven't used a script before when calling lenders.  I do have a portfolio lender here in Indy who I would definitely call if I was looking for a blanket loan.  PM me for his information.

Post: Purchasing Property with HELOC?

Louise A.Posted
  • Investor
  • Seattle, WA
  • Posts 253
  • Votes 112

HELOCs are a great tool to use to buy rental property. How long have you been in your home? I think most banks have seasoning periods before writing high LTV HELOCs. I have a contact that I can connect you with if you need a lender. I think they're going as high as 100% LTV, but again, you have to meet their seasoning requirements. PM me if I can help... I'm buying multi-family too. Good duplexes in good areas!

Post: Indianapolis Market question

Louise A.Posted
  • Investor
  • Seattle, WA
  • Posts 253
  • Votes 112

Hey Blake!  Sounds like a great property.  I have 2 doubles near 42nd and College.  Rents are high and we get great tenants.  I just tried to buy a single family in the area at auction and it went for $43K, so a renovated property at $60K sounds like a great deal.  PM if you have more questions.  Good luck!  

Post: Indianapolis Project: Seeking Advice

Louise A.Posted
  • Investor
  • Seattle, WA
  • Posts 253
  • Votes 112

Hey!  I just tried to send you a note, but I'm not sure it worked.  I might be interested in the property depending on the location.  Could you send the address?  Thanks!