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All Forum Posts by: Venky B.

Venky B. has started 21 posts and replied 72 times.

Post: What is the best way to find wholesalers?

Venky B.
Pro Member
Posted
  • Real Estate Agent
  • Peoria, IL
  • Posts 76
  • Votes 20

Try searching for "we buy houses" and your area name in google. 

Post: Any good lenders in Peoria IL

Venky B.
Pro Member
Posted
  • Real Estate Agent
  • Peoria, IL
  • Posts 76
  • Votes 20

Thank you Max Matrin.

Post: Any good lenders in Peoria IL

Venky B.
Pro Member
Posted
  • Real Estate Agent
  • Peoria, IL
  • Posts 76
  • Votes 20

Thank you Michael Herr for your valuable suggestions.

Post: Any good lenders in Peoria IL

Venky B.
Pro Member
Posted
  • Real Estate Agent
  • Peoria, IL
  • Posts 76
  • Votes 20

Hi @Darren Eady, don't mean it the wrong way. I am trying to gather info by calling each bank about what the best rates, loan LTVs and duration of loan. I wanted to know, if there are any investors using lenders in our area, and what loan terms and loan duration are available. If this is crazy, please advice on what you think are the best rates for home investment.

Thanks,

Venkatesh

Post: Any good lenders in Peoria IL

Venky B.
Pro Member
Posted
  • Real Estate Agent
  • Peoria, IL
  • Posts 76
  • Votes 20

I am trying to find good lenders for investment properties that needs rehab in Peoria IL. Any suggestion on good lenders. Looking for 30Y Fixed with 80-95% LTV with good interest rates and who also provides loan for rehab. Thanks in advance.

Thanks,

Venkatesh

Post: What a good rental home must have with low maintenance

Venky B.
Pro Member
Posted
  • Real Estate Agent
  • Peoria, IL
  • Posts 76
  • Votes 20

I am currently looking at a foreclosed home and planning to buy and rehab. As a foreclosed home, it has mold and bad roof. The question I have is, in order to make it rent ready and not to spend too much to make it look so luxurious, what are the basic things that a rental home will need with low maintenance. Carpet or Wood flooring? 

Thanks,

Venkatesh

Post: CAN lights in bedrooms instead of ceiling fans?

Venky B.
Pro Member
Posted
  • Real Estate Agent
  • Peoria, IL
  • Posts 76
  • Votes 20
Thank you Pat!!!

Post: CAN lights in bedrooms instead of ceiling fans?

Venky B.
Pro Member
Posted
  • Real Estate Agent
  • Peoria, IL
  • Posts 76
  • Votes 20

Thank you everyone for your inputs. Appreciate it. Sorry, I don't remember the podcast number.

Post: CAN lights in bedrooms instead of ceiling fans?

Venky B.
Pro Member
Posted
  • Real Estate Agent
  • Peoria, IL
  • Posts 76
  • Votes 20

I heard in one of the podcast to use CAN lights instead of ceiling fans in order to avoid maintenance later. My question is "Do we need to put CAN lights in bedrooms?" If so, how many CAN lights should be there a minimum in a bedroom to look good.

Thanks,

Venky

Post: Can I use my current job 401k funds to invest in Real estate

Venky B.
Pro Member
Posted
  • Real Estate Agent
  • Peoria, IL
  • Posts 76
  • Votes 20
I am an employee holding 401k plan from my employer. Is there a way to use my 401k funds to invest in real estate for buy and hold. Thanks in advance. Venky