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Robert Zolatn's Blog

By Robert Zolatn | Mortgage Broker
or Lender in 91601

Lending hard money in Indianapolis Indiana


 

 

There is no better time to start lending hard money than when the real estate is at the bottom that is evidence on http://www.lendinguniverse.com where brokers who specializing in hard money are trying to buy all the leads possible that do no accede 65%. The maiden real estate home value of Indianapolis Indiana trading at 5 year  lows of $114900 Real estate maiden  prices  ranging $206820 or more are still trading down every month.

 

Last year the most they will go was 45%-50% loan to Value on SFR or commercial but with the renewed optimism of better market ahead. Owner occupied properties that are not securing business related loans are not welcomed by brokers and investors of private money because of new consumer lending regulations that make it extremely hard to lend and potentially exposing investors to legal challenge. 

Comments

By Charles Hill,  Mon Oct 24 2011, 10:38
Hello Robert Zolatn,

We are Charles and Marjorie and we are real estate investors in Indianapolis. I (Charles) am originally from Indy. We not only represent ourselves, we also have several investors in and out of the area that we help find, rehab, rent out properties.

We want to work with a real estate agent that works with real estate investors. Our strategy is to buy, fix and sell a property where we can turn a $10,000 to $25,000 profit. We am looking to be in and out of deals as quick as possible.

We would appreciate beginning by finding the price range that meets the following criteria: Single-family home, 3-4 bedrooms, 1-2 baths at least 1000 sq. feet. and may meet the following conditions: 1) As-is" condition 2) Vacant 3) Has had a price reduction 4) Greater than 90 days on market and delisted. We ask if you will send us listings that meet these criteria:"We will do all our homework and heavy lifting. We use several strategies to buy and sell properties quickly including making verbal offers when permitted. We will also look at a lot of properties and buy only a few. So an aggressive work schedule will be required.

The upside for you will be lots of commission as we would like you to represent us when contracts need signing. We will close on properties every month. We will pull you in on For Sale By Owner (FSBO) deals. At times we will write additional commission into the contract when we ramp up to full speed. All that aside, we are professionals and we expect to work with professionals. We want to make money and we want the agent(s) to make money. If you are willing to represent us please email: fullcirclerealestateinvestors@gmail.com or call us directly 877-371-0606.
Thank you
By Torang | Save $1000's,  Thu Jan 10 2013, 13:29
Thanks for sharing.
Great post!

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