All Forum Posts by: Jalen Chanthaboury

@Bob Floss II

So what if an unlicensed “wholesaler” continues to do what he/she does. What’re the penalties coming along with it and how does he/she even get caught?

Also, I’ve heard many “wholesalers” work with motivated sellers directly and don’t get anything under contract. But the seller gives the wholesaler the right to market his/her property and if he/she finds a committed buyer, the seller will deal with them directly and cut the “wholesaler” a commission. Would you say this is legal technically?

It’s all about creativity and loopholes at this point.

Hello,

This subject has been stuck with me lately. I see people are saying you can get 100% financing on real estate deals (No Money Down).

Is this really possible? Do hard money lenders really do 100% financing?

@Mark Ainley

Would love to meet up sometime! Let’s make it happen

@Mark Faustrum

Hey Mark, I appreciate the comment. It’s amazing how this platform allows us to connect with like-minded individuals that are local. Just looking for someone that can help get me started in the investing game and gear me towards the right direction!

@Carl King

Hey Carl, I appreciate the comment. I actually went to high school in Saint Charles. But yes, my first step is to find an efficient way to acquire properties for a great discount, and then receive financing for those properties to do a fix and flip. Any help is much appreciated!

Hey Bigger Pockets community,

I am new to this platform. I’m 19 years old, from the suburbs of Illinois and I am looking to network with as many real estate investors as possible. I aspire to complete my first fix&flip deal and to invest in Airbnb/rental properties. I just got myself into the game roughly 4 months ago, learning everyday and still hungry to learn more... I want to gain financial freedom in real estate. Looking to network with anyone in the Chicagoland area that shares the same passion!

(Elgin, Batavia, Saint Charles, Glen Ellyn, Chicago, Aurora)