All Forum Posts by: Lei L.

I am planning to complete a transaction with an out-of-state wholesaler using this Blueprint Title company. This company seems new and pure online. Any experience with this title company? Shall I worry about sending money to the escrow account from Blueprint Title? Looking for immediate feedback. Thanks!

Lei

0 Votes

Indianapolis, Indiana

Lei

0 Votes

Indianapolis, Indiana

Anybody else has done some financing for investment property in Indy/Midwest area? Thanks.

0 Votes

Thank you very much, Michael!

Originally posted by @Michael Margarella:

@Lei L. Jared Shore with Finance of America knows all the tips and tricks!

0 Votes

Indianapolis, Indiana

Hi, I am planning to do cash-out finance for my rental properties (purchased in cash). I just asked one lender and the rate (30yr conventional) seems pretty high - 4.5% with 0.75% discount (cost charged in closing, I don't know the closing cost yet). With the rapidly rising interest rate, I hope to take the loan now instead of waiting.

Any recommendations for good lenders that work well with investors?

What rate did you get recently?

Thanks

Lei

0 Votes

Indianapolis, Indiana

Any recommendations for good lenders that work well with investors?

What rate did you get recently?

Thanks

Lei

0 Votes

Thank you all!

@Alex McIvor @Mike D'Arrigo @Alain Perez-Majul

It seems I should just go ahead with the filing to be in the line.

0 Votes

Indianapolis, Indiana

The tenants in my property (Indianapolis, 46241) stopped paying rent last month and told me he will not pay rent any longer until he gets money from the tax return. I have little confidence he will pay me in a couple of months. Can we file an eviction with the court now? Is the ban over?

Has anybody done any eviction lately? How did you do it?

I appreciate any shared experience and comments.

Thanks.

Lei

0 Votes

Indianapolis, Indiana

Originally posted by @Jeremy Johnson:

I agree with Jill. I"ve bought a termite damaged property before. I'd rather pay a bit for an active pest control at around 100 a quarter that will monitor for termite and treat the other pests as well. They'd set a barrier around the property with a chemical treatment and I'd suggest removing any standing wood from the yard. Every pest control place will tell you that you have to have it, it brings them business and covers them on liability. Another thing would be if the property is slab, crawl, or basement? Slab is a PAIN to treat, but crawl and basement can be checked for entry areas easily enough.

@Jill F. Thank you all!

It's basement and I am planning to use the liquid chemeical to establish a barrier.

Taurus SC is the generic version of Termidor and can be purchased inexpensively. Will ask my GC to dig a trench around to house and pour the liquid after mixing water. Hopefully this will eliminate any potential termite risk in the future no matter if there is still a colony or not.

Lei

1 Vote

Indianapolis, Indiana

@James Mcsweeney

Thank you for your information!

@ Gloria N Gear Did you use a chemical or baiting method for your initial treatment?

1 Vote

All Forum Posts by: Lei L.

Lei L. has started 30 posts and replied 118 times.

Post: Anyone used Blueprint Title company for off-market purchase before?

Post: Anyone used Blueprint Title company for off-market purchase before?

Post: Conventional Mortgage Rate for Rental Properties?

Post: Conventional Mortgage Rate for Rental Properties?

Post: Conventional Mortgage Rate for Rental Properties?

Post: Conventional Mortgage Rate for Rental Properties?

Post: Is Eviction ban over in the Indianapolis area?

Post: Is Eviction ban over in the Indianapolis area?

Post: Is this done by termite?

Post: Is this done by termites?

@James Mcsweeney