Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Classifieds
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 about 2 years ago on . Most recent reply

User Stats

7
Posts
5
Votes
Max Klitchman
  • Investor
  • Chicago
5
Votes |
7
Posts

First offer accepted, cannot find funding in Chicago

Max Klitchman
  • Investor
  • Chicago
Posted

Hello!

I recently got my first fix & flip property under contract in Cook County/Chicago, zip code is 60526. From the discussions I've had with hard money lenders, I can't seem to get funding for this house or any house in that zip code. The lenders that work in Cook County won't do deals with me because of experience, and the lenders that will lend to me can't do any deals in Cook County. I am looking for a rehab/fix & flip loan.

Does anyone have Hard Money or Private Lenders to recommend?

I have already spoke with - Renovo, Temple View Capital, Easy Street Capital, Lima One, and Asset Based Lending (abl1)

Thanks

Most Popular Reply

User Stats

2,028
Posts
1,419
Votes
Mark Ainley
  • Property Manager
  • Roselle, IL (Chicago Suburb)
1,419
Votes |
2,028
Posts
Mark Ainley
  • Property Manager
  • Roselle, IL (Chicago Suburb)
Replied

@Max Klitchman why not just assign the contract and make a quick $5,000-$15,000 and just do paperwork.  I know myself and @John Warren would be interested.  

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

Loading replies...