Hello, I'm an out of state investor and about to launch a str in close to downtown indy.

Meet other investors.

What made my investor interested in this deal was the fact that the land was coming with all the plans and permits.

Option 1:30 Year FixedLoan Amount $202,500.00LTV 75%Discount Points %0.00Prepayment Penalty (3/2/1)Interest Rate % 8.225Origination Fee % 0.00Underwriting Fee $1,645.00Monthly Mortgage Payments $2,018.76Broker Fee % 1.25Cash From Borrower $78,081.01Option 2:5/6 ARMLoan Amount $202,500.00LTV 75%Discount Points %0.00Prepayment Penalty (3/2/1)Interest Rate % 8.025Origination Fee % 0.00Underwriting Fee $1,645.00Monthly Mortgage Payments $1,990.40Broker Fee % 1.25Cash From Borrower $78,052.65@Ryan Jacques  Assuming you are not a first time home buyer or first time investor you should be able to better on rate with ZERO pre-payment penalty on a DSCR loan for the 30 year fixed.

I've worked with a lot of CA investors to help them create passive income with Indy deals but it can be done anywhere with the right training and attitude.Please let me know if I can help with anything - we're all rooting for you Jaime.

The current interest rate environment has put a damper on a lot of investor's plans to execute a cash out refinance. 

Commercial (KW has good training I hear) vs small investor orientated?

The forums, where users can ask questions, share experiences, and get advice from experienced investors.

I stopped for a while to do life coaching and energy work, and then I met a guy who was a broker that wanted to get more into the development side so we teamed up with his dad, a lawyer, and started up.As things have progressed, I am now finding lots of deals, and as it turns out, the guy I am working with is not really delivering the investors like he said he could/would so I am learning that part of the process now too as most of my deals sit quietly on the sidelines.

I’m even more concerned about property tax rates doubling in WV if it’s considered an investor property despite me living in it.