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All Forum Posts by: Hip Rodriguez

Hip Rodriguez has started 9 posts and replied 42 times.

@Jeff Burdick Are you investing in homes, 2-4 units or condos in Irving Park?

The meeting was interesting. They discussed flipping vs buy and hold and how to use both methods to support the buying of rental properties and paying them off for maximum cash flow.

Hi Tushar, I'm also a new investor in Chicago. I was just at a REIA meeting at the Holiday Inn over on Harrison this week. I work downtown. If you ever want to grab lunch let me know.

Post: Chicago Area General Contractor

Hip RodriguezPosted
  • Chicago, IL
  • Posts 54
  • Votes 6

Hi everyone.

I've been asked to partner on a flip in the Morgan Park/West Pullman area of Chicago. Does anyone know of a good GC that has worked in that area of the city? 

You should be able to find a property manager that will manage as little as one unit.  The smaller the number the higher the percentage they will ask for.

That's 8-12% of gross rents.

Post: Now Approved to Offer Fix and Flip Loans in 48 States

Hip RodriguezPosted
  • Chicago, IL
  • Posts 54
  • Votes 6

Greg.  Here are the five offers that I have put in within the last two days;

Post: Now Approved to Offer Fix and Flip Loans in 48 States

Hip RodriguezPosted
  • Chicago, IL
  • Posts 54
  • Votes 6

Hi Greg, 

On a 150,000 loan can you ball park how much the fees would be including points if any.

You can message me if you want to take this off line.

Thanks.

Post: Now Approved to Offer Fix and Flip Loans in 48 States

Hip RodriguezPosted
  • Chicago, IL
  • Posts 54
  • Votes 6

Hi Greg,

What kind of rates with a 700 score and 10% down?

Post: Private Money Lending for your Real Estate Projects

Hip RodriguezPosted
  • Chicago, IL
  • Posts 54
  • Votes 6

Hi Cheryl,

Do you have a website?