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All Forum Posts by: Dyryl Burnett

Dyryl Burnett has started 16 posts and replied 50 times.

Post: New in Chicago, and BP!

Dyryl BurnettPosted
  • Involved In Real Estate
  • Chicago, IL
  • Posts 52
  • Votes 8

Welcome to Bigger Pockets! 

Extremely helpful and  a great resourceful hub!

Post: To the Flippers, what systems seems to work for paying your contractors?

Dyryl BurnettPosted
  • Involved In Real Estate
  • Chicago, IL
  • Posts 52
  • Votes 8

WOW! Thanks alot @Will Barnard  @Hattie Dizmond & @Larry Smet 

This helps alot! 

DB

Post: Was YOUR Credit Score and Savings strong when getting your first Property??

Dyryl BurnettPosted
  • Involved In Real Estate
  • Chicago, IL
  • Posts 52
  • Votes 8

@Michael Evans  Thanks sir. I am looking to get my credit in order but I have to look into that as well. Never really paid attention to those details. 

@Jon Holdman I looking to do a FHA OO Loan.

Post: Was YOUR Credit Score and Savings strong when getting your first Property??

Dyryl BurnettPosted
  • Involved In Real Estate
  • Chicago, IL
  • Posts 52
  • Votes 8
Originally posted by @Jon Holdman:

I recommend finding a investor oriented mortgage broker in your are and discussing your specific situation and what you might be buying.

 I have never heard of such. What do you mean by Investor Oriented Mortgage Broker? Sounds very interesting. 

Post: Chicago General Contractors Worth Recommending?

Dyryl BurnettPosted
  • Involved In Real Estate
  • Chicago, IL
  • Posts 52
  • Votes 8

Hello All,

Could any who works in the Chicago land (or surrounding land), refer me to some really good General Contractors? I am actively seeking some good companies, for when I do purchase my FIRST property.

Humbly,

Dyry

Post: Recommendations for any AMAZING Chicago General Contractors??

Dyryl BurnettPosted
  • Involved In Real Estate
  • Chicago, IL
  • Posts 52
  • Votes 8

Hello All,

Could any who works in the Chicago land (or surrounding land), refer me to some really good General Contractors? I am actively seeking some good companies, for when I do purchase my FIRST property. 

Humbly,

Dyry

Post: To the Flippers, what systems seems to work for paying your contractors?

Dyryl BurnettPosted
  • Involved In Real Estate
  • Chicago, IL
  • Posts 52
  • Votes 8

Hello All,

I'm curious to learn ones (contract/payment) systems/approach when it comes to hiring contractors (be it a general contractor or subs) and paying them for their services. I'm in Chicago, and there are SOO MANY "quick & cheap" contractors, that its overwhelming. 

I'm looking to start out with buy and holds, but I WANT to find units that need rehabs as I want to eventually:

1. Step into Fix and Flips

2. Purchase properties that need to be rehab.

3. Create my OWN contractor staff/team. 

Would love to hear some wisdom on this topic! 

Thanks,

DB

Post: Was YOUR Credit Score and Savings strong when getting your first Property??

Dyryl BurnettPosted
  • Involved In Real Estate
  • Chicago, IL
  • Posts 52
  • Votes 8
Greetings All, I'm really desiring to make my first purchase before the close of 2014 but I'm a little worried about my current credit score. I hear different FICO scores everyday and am currently repairing my score. What would you suggest as a min credit score for pre-approval of either a FHA or Conventional loan. Also was your savings high? Did you borrow? DB

Post: COMPS!! Can I without an realtor?

Dyryl BurnettPosted
  • Involved In Real Estate
  • Chicago, IL
  • Posts 52
  • Votes 8

@Brie SchmidtTHANK YOU!!!! Yes I would love that. Do you have any podcasts, blogs, or anything? After reading your profile info, I feel I can learn ALOT from someone who has toured the world and looks to bring in $25K a month. lol

Post: Chicago Meetup for August

Dyryl BurnettPosted
  • Involved In Real Estate
  • Chicago, IL
  • Posts 52
  • Votes 8

Hi @Brie Schmidt countless thank yous for inviting me! The newbie will be attending! Looking forward to meeting everyone and learning for you successes. 

DB