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All Forum Posts by: Stacy Dieckman

Stacy Dieckman has started 4 posts and replied 35 times.

Post: Would anyone be interested in joining a mastermind?

Stacy DieckmanPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 455
  • Votes 16

I'd like to join your group. Please add me to your list if you are still taking members.

Thanks, Stacy

Post: Lending against diamonds

Stacy DieckmanPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 455
  • Votes 16

Joseph,

Give me a call, I may have someone that could help. I'm not sure if he'll go that low of a loan but I'd like for you to talk to him and see if something can work.

Stacy

Post: Hand Money in Indianapolis Area???

Stacy DieckmanPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 455
  • Votes 16

Caitlyn,

I am just passing along other hard money lender's info.

In general terms they are looking for a strong exit strategy, 6 points and 18-24% rate. If the deal makes sense, rehab and payments may be included. The term of the loan varies but most of these hard money lenders are being paid back in less than 4 months.

I use the money when I have a property already sold and am just filling an order. There is enough room in deals here in Indianapolis, IN that it makes sense.

If you are loaning at better rates/terms please let me know and I can line up a few investors. Mostly commercial but some residential rehabbers.

Thanks, Stacy

Post: Hand Money in Indianapolis Area???

Stacy DieckmanPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 455
  • Votes 16

Mike,

Give me a call or e-mail, I might be able to help.

Stacy

Post: Any Indy investors in the house??

Stacy DieckmanPosted
  • Real Estate Broker
  • Indianapolis, IN
  • Posts 455
  • Votes 16

I have a client in Indianapolis that is delivering fully rehabbed homes at 65% of Fair Market Value. Rents are guaranteed for 1 year and your choice between a lease option or regular rental tenant.

Also know of an investor that will break off homes in Indiana from a 100 million dollar REO tape that was purchased. E-mail and I'll connect you with the different investors.

Stacy