All Forum Posts by: Account Closed

@Dan Kistler

Sounds good thanks for your input.

@Steven Picker

Thanks for your response. Yeah I am not sure why she is upset. I tried being honest with her and telling her it's for personal reasons and she immedietly tried to intimidate me with potential legal action.

Hey guys,

I recently made a cash offer on a property that was accepted through an LLC.

I have to pull my offer for personal reasons. I have not given any earnest money.

The realtor got upset when she learned I was pulling my offer and said that the LLC can be sued and that the earnest money has to be sent.

Do I have xasuse for concern?

The purchase price is 33k with 2k of earnest money I have not yet sent.

Thanks!

Hey guys,

I'm looking at a couple properties in the Lake Delton and Baraboo areas. The properties I'm am looking at are under $100k are habitable but need work.

Does anyone have any experience working with lenders that fund properties under $100k?

Thanks!!

Hey guys,

Does anyone in the Dekalb Illinois area know of any general contractors who they would be willing to recommend?

Specifically I am looking to get some windows replaced. Any help would be reatly appreciated.

Thanks

Hey guys,

I am looking to do my first BRRRR. I found a house that needs a lot of work in a decent area. Problem is the town where the home is located is notorious for being difficult. This makes getting FHA or 203k Loans is quite difficult for what I hear.

I have an opportunity to use some hard money on really affordable terms. If I do choose to exercise this option and go the hard money rout, would you guys recommend me putting the house on a legal entity or just sign the title myself?

Any reason as to why a 203k loan may be preferable? I understand the loan terms are far better but the time constraints and all the nuisances involved with getting the money to do the repairs seem to not be worth it.

Thanks in advance!

Jeff