All Forum Posts by: Account Closed

I would also like to hear from someone that has used this software succesfully/unsuccessfully.

Thank you to everyone for you advice! It has been extremely helpful in deciding which financing will work for my first property and from what it looks like a couple of options to find that lending! 

@Brie Schmidt, It looks like your advice for the Chicago market is to go with a 5% first time loan to buy a move in ready  2-3 Flat and be a landlord first (provided the numbers work, of course) and then do a 203k later to dip my toe in the water of rehabbing? So I could do both if the need be? Also, I live on Cuyler, I think Guaranteed Rate is right down the street.

Hey Everyone! Thanks for the replies, and sorry for the late reply on my end. 

Corey, I don't actually know the difference between a streamline and full, so now I'll have to research that.

John and Corey, based on your advice, and Corey's, it looks like I'll definitely have to do some research into Streamlining. Ideally, I'd like to try and market for an off market deal, wholesale style, and then try to secure funding my self through 203k and then house hack that for myself. I understand its a moving target in a market that already low on inventory, but for now that's my plan for now. Also, not sure what neighborhood area right now. Just really trying to figure out if it is even feasible. 

Spencer, Crap! I actually live on Cuyler 2 blocks from Begyle. I'm kinda bummed I missed this! Did you go?

I've been thinking of trying to purchase a buy and hold three flat (Multifamily) property in Chicago using 203K loan. If you have done this, what are your thoughts? Do you have any advice?

Hello, I'm actually looking for a contract to use for wholesaling in Chciago. Does anyone know where I can find one, outside of hiring a lawyer? 

Hi, I was wondering if anyone has any seasoned contracts that work well for the Chicago market (or any market)? I’m new to the game obviously and I’m going to start generating off market deals and need a contract to lock in sellers. I’ve done some searching online, but I’m more interested in what works for other investors and maybe one or two sentences of advice to go along with it. Thanks in advance for any help, and have a wonderful weekend.

Thanks everyone!

@Braden Smith I'm sorry, I'm not sure what you're talking about. I saw you mentioned the Real Dealz Podcast, but nothing else. Is there a specific app they mentioned in one of their episodes. 

Thanks for the reply.

Hello, while driving for dollars, I'm having a hard time keeping track of pictures of homes (from my phone) and the address of the property. Does anyone know if there is and app that lets you organize that info, and maybe export it to a spreadsheet via email or something afterward?

Or is that just something I should try and build myself? lol

Thanks @Yuriy Figel!