All Forum Posts by: A.J. D'Asaro

Thanks for the warm welcome!

I probably should mention, I already have an agent and a lender.

Mostly looking to network with other investors and wholesalers.

Happy investing,

A.J.

Hi Joe H,

I've seen a few of your posts, all of your portfolio properties look great, exactly what I'm looking for.

What do you have left?

Please send to me at [email protected]. Thanks! 

Hey Guys, 

A.J. D'Asaro here, new investor in Chicago, stumbled in here just like I stumbled into real estate 2 years ago.

I moved to Logan Square in 2014 and decided to purchase a 3-unit over a condo. Best decision ever.

Now I'm looking to acquire properties along the Blue Line corridor, let me know if you have any tips or properties for sale.

A.J.

I did this in 2014. For finding renters, honestly, you will need to close first and potentially leave it empty for month. Or, you can do what i did, which is line up renters ahead of time, and then potentially have to sign a rental contract for the whole place when your loan didn't close on time. Worked out, but if my loan fell through I would have been stuck with an expensive 1 year lease. 

Quick tip: raise your purchase price and ask for a corresponding seller credit towards closing costs (i did 10k). As long as your appraisal shows you have 3.5% built in equity, you can use the credit to reduce your downpayment. Maybe my lender did it wrong, but i only paid 2.5% out of pocket.