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Updated about 9 years ago on . Most recent reply

User Stats

49
Posts
7
Votes
Alexander Chavez
  • Chicago, IL
7
Votes |
49
Posts

$100K to invest in a flip in chicago

Alexander Chavez
  • Chicago, IL
Posted

I plan on using leverage from my current property to invest in my next project. I have about $100K (possibly up to $130K) that I can access through a HELOC loan. I have a few ideas on how to get the ball rolling with this, but would like to hear others ideas on how I can use this to invest on a flip in Chicago.

Most Popular Reply

User Stats

112
Posts
13
Votes
Willem Young
  • Real Estate Professional
  • Jacksonville , FL
13
Votes |
112
Posts
Willem Young
  • Real Estate Professional
  • Jacksonville , FL
Replied

@Alexander Chavez

We have many excellent projects in contract we're closing on. We have buyers in contract for the improved properties most of the time by the time we acquire the properties. We could explore JV'ing with you for a quick flip and excellent returns.

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