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All Forum Posts by: Antwon C.

Antwon C. has started 4 posts and replied 6 times.

Post: Fix & flip in Chicago IL

Antwon C.Posted
  • Investor
  • Plainfield, IL
  • Posts 10
  • Votes 1

Investment Info:

Small multi-family (2-4 units) fix & flip investment in Chicago.

Purchase price: $135,000
Cash invested: $25,000
Sale price: $234,500

Fix and flip purchased for 55k renovation 78k sold 234,500

How did you find this deal and how did you negotiate it?

Off market

How did you finance this deal?

Fha 203k loan

How did you add value to the deal?

Renovation

What was the outcome?

Sold with multiple offers

Lessons learned? Challenges?

Working on a 5 unit now

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes

Post: motivated seller

Antwon C.Posted
  • Investor
  • Plainfield, IL
  • Posts 10
  • Votes 1

The value is 66,000

Post: motivated seller

Antwon C.Posted
  • Investor
  • Plainfield, IL
  • Posts 10
  • Votes 1

Hi Everyone,I have a motivated seller that wants to see there property asap but old 140,000 to bank property is off market last brought in 2010 for 155,000 property need miner work what should I do. Short sale

Post: Starting a business with no history to get loans

Antwon C.Posted
  • Investor
  • Plainfield, IL
  • Posts 10
  • Votes 1

Just starting my own business as INVESTOR .Previous work for my uncle five years ago as project manager helping him out, geting paid a little Having problems getting loans because no tax returns for my business any advice

Post: New member from Chicago. Illinois

Antwon C.Posted
  • Investor
  • Plainfield, IL
  • Posts 10
  • Votes 1

Hi James- Great advice, thanks for sharing.

Post: New member from Chicago. Illinois

Antwon C.Posted
  • Investor
  • Plainfield, IL
  • Posts 10
  • Votes 1

Hello my name is Antwon, and I'm from Chicago Illinois. I was a professional barber for twelve years. However I would spend majority of my time in the barber shop, and wouldn't have time for myself, nor my family. I'm a newbie to the Real Estate world, and I'm excited about this adventure. I'm open to new ideas, and welcome any expertise in the Real Estate business.