Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Chicago Broker Recommendation for Quick Close or Line of Credit
I have a rental property under contract that must close prior to 7/16. My "goto" broker is no longer in the industry.
Purchase Price: $83,750
Location: Rogers Park - north side of Chicago.
I am able to purchase with cash, but I do not want to lock up so much equity. I am in search of a broker who can close prior to 7/16 with a standard 20-30% down @ 30 year fixed. Or a broker who can offer a line of credit backed by the property I would own free and clear.
Any recommendations or other thoughts?
Thank you!