All Forum Posts by: Jaime Frausto

If a lender calls loan due can you simply quit deed back to original?

has anyone had their morgage call due when transferring there deed. From personal to company or vise versa ? trying to get an idea on the likely hood of this happening to me. Thanks

any HOA $?

thnks

My 2cents, do you pay him for work performed or do you pay him 1/2 down ahead of time?. I find that paying for work performed gives you options to get new contractor to continue job and minimize long off track timelines.

good luck

Please add me to list. I'm from Chicago [email protected] Saturdays r good for me. Thnks in advance

I have a property that I want to pull cash from- " refi". However thus property is in my company's Name. My lender said it must be in my name in order to refi. I don't want to give up my protection that having it in my company name offers . Any ideas? Thnks in Advance. Chicago southwest burbs

Where abouts in Chicago. I flipped in channahon , Mokena , Joliet U?

Thom , I'm in Plainfield il, area and invest in this area. Was thinking of Bloomington near the colleges . Let me know if u want to share ideas or deals
Good luck

Call a couple of reputable property managing companies and ask them if I where to hire you to manage my property what rent would might you expect and what vacancy rate would you use.
Why ? Because I feel its all about the cap rate. Good luck

1st I would double check with the city to make sure it's zoned for a multi family unit. 2nd if your lenders appraisal comes back for less then that could be used as a re-negotiating tool. Good luck