Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

2,024
Posts
1,412
Votes
Mark Ainley
  • Property Manager
  • Roselle, IL (Chicago Suburb)
1,412
Votes |
2,024
Posts

Chicago 6 Flat Needs Financing

Mark Ainley
  • Property Manager
  • Roselle, IL (Chicago Suburb)
Posted

I am listing a 6 flat that we manage and we have it under contract with a buyer that had a lender lined up.  This lender has stopped the particular loan product this buyer was using and I was seeing if I can find someone that can still do this.  

The buyer was going a solo 401k loan that was non recourse.  I may have said that wrong or more info someone reading this might need but if anyone can help or direct me to an option that has this type of product it will be greatly appreciated.


Keywords - IRA / Chicago / Englewood / Self directed / Hyde Park / financing / midwest

business profile image
GC Realty & Development LLC
4.6 stars
690 Reviews

Most Popular Reply

User Stats

2,024
Posts
1,412
Votes
Mark Ainley
  • Property Manager
  • Roselle, IL (Chicago Suburb)
1,412
Votes |
2,024
Posts
Mark Ainley
  • Property Manager
  • Roselle, IL (Chicago Suburb)
Replied

@Jonathan Klemm I will be honest, I know little about the finance approach.  I am representing the seller on the deal and buyer asked if I knew anyone.  I was hoping I find someone that can teach you and me.  Ha.

business profile image
GC Realty & Development LLC
4.6 stars
690 Reviews

Loading replies...