All Forum Posts by: Michael Maloney

Solid, I appreciate the insight! I'm looking at Joshua Tree National Park, but keeping my eye on near Grand Canyon too. What do you recommend for ensuring that we meet local codes for STR? Especially considering the cities may not see Yurts as "Permanent buildings"? Appreciate any insight!

Okay, so we all know that unique stays are trending, and National Park visits have been ramping up again.  That said, I'm pretty set on my next real estate venture being one that involves a unique stay short-term rental.  I'm mostly leaning towards Yurts, but I'd be open to hearing other ideas too.  Looking to speak to someone who has done this before just to get some tips, tricks, best practices, and things to avoid.  Oh, and I'll also mention this would be my first OOT investment.  I really appreciate all the help in advance, and I hope to hear from some of you!

Hey Indianapolis friends!  I am looking for good local CPAs to work with for my landscaping business.  This is the first year that I have done this business with full-time employees, heavy schedules, etc, so we have a lot that we'd love to talk through with a CPA.  Leave contact info below or shoot me a message!

Thanks in advance

I am looking to house hack a triplex. Problem is, I'm not approved for a loan of the amount that I need. How do I go about getting qualified for the loan I need, considering The other two units will be covering most of the mortgage. As a first time home buyer, do you guys recommend an FHA loan in this case for a low down payment option? also, since all three units our filled right now, would that mess with my ability to get an FHA loan? I appreciate the insight and would be happy to take the conversation off-line as well!

 I have a landscaping company that is registered as an LLC. As I am getting into real estate, I am curious to know if I can use this LLC to purchase properties unrelated to the landscaping business, or if I would have to open up a different LLC to do real estate. I am mostly looking to know if I would be breaking any laws by purchasing property through my LLC without being related to what the LLC actually does.

I am looking to finance a barndominium, but it has been tough to find lenders. I am in Indianapolis area and the best I have found is 20% down to finance a pole barn build. Does anyone know of places that might be open to financing with a lower down payment? I have strong credit and good debt to income. Thanks!

I am a 22-year old looking to get started investing, and based out of Indianapolis. I would like a lower-cost property for my first investment, and I will likely be doing a BRRRR method. The one thing I am hesitant about is making sure that I can get solid tenants that will actually pay their rent. Does anyone have any good tips about how to get great tenants even in a low-income area? Or are there other investors in Indy that invest in low-income areas that would be able to chat? Thanks!

@Geoff Husa I’d love to get on the lists for downtown Indy. The problem here is that since Indy market is so hot most wholesalers don’t accept offers besides cash. I’d love to get connect with some who do though!

@Brad Taylor thanks Brad, I’ll look into these options!

I am a 22yo first time home buyer in Indianapolis looking to creatively fund my mortgage. My wife and I have thought about house hacking, but most of the duplexes and triplexes are in lower income areas where I do not even feel safe with my wife going on walks with our dog. For this reason, we are looking into buying a single-family home for ourselves, and also buying a duplex or triplex in a rougher area and using the cash flow from the investment to help cover our mortgage.

The problem is, we only have about $20,000 to put on a down payment between the 3.5% down and 20% down conventional loans. Does anyone have any ideas for how to creatively finance the duplex or triplex without having to put 20% down? I’m also open to talking on the phone about this, just message me for my number

I appreciate all of the help and insight!