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All Forum Posts by: Jennie Berger

Jennie Berger has started 18 posts and replied 311 times.

Quote from @Derek Simkins:

Thanks for reaching out! I agree that the city is awesome but for the specific product the lenders don't like to be there. Would love to connect and refer the Chicago borrowers to you 🙂

Please grab a time on my calendar HERE!

Done. I look forward to connecting with you next week!
-Jennie

Post: How Flips Help People

Jennie BergerPosted
  • Lender
  • Chicago IL
  • Posts 323
  • Votes 208

@Sean McDowell Totally get that — I was in the same boat! I started as a borrower and worked with hard money, private lenders, even JV partners… so I know firsthand how valuable flexibility and speed can be when the right deal pops up. Self-funding is great until it slows you down — and that's where the right capital partner can really make a difference. Would love to chat more and see how I can support what you're building!

Post: Rural Arkansas Flip

Jennie BergerPosted
  • Lender
  • Chicago IL
  • Posts 323
  • Votes 208
Quote from @Tanner Thibodeaux:
Quote from @Jennie Berger:

@Tanner Thibodeaux 

Great share - and congrats on getting your project to the finish line! So many lessons to be learned, and honestly it's probably a blessing that you encountered a lot in your FIRST flip. (I didn't have a lesson until my 3rd or 4th lol...) 

Anything new in the pipeline? Would love to see if we can help in some way with funding.

Cheers!

-Jennie


 I actually do have something in the works I could possibly use some help on - 13 total units I bought a few years back and looking to start construction on now if you want to connect. 


 I'll Dm you :)

Post: Flip in Lakeland with Experienced Realtor

Jennie BergerPosted
  • Lender
  • Chicago IL
  • Posts 323
  • Votes 208

Love this, @Brittany Vogg — great work! Sounds like a solid flip, and it’s always a win when you can invest close to home. 🙌 

Also love seeing women managing their own projects and making it happen! I spent about 4 years working in design, development, and construction of SFHs and small multi units here in Chicago before segueing into private lending.

Do you have any other deals in the pipeline? Would love to stay in touch — especially if you’re ever looking for funding again.

-Jennie

Post: Fix & Flip Investment

Jennie BergerPosted
  • Lender
  • Chicago IL
  • Posts 323
  • Votes 208

Wow, @Dylan Blair— major respect for sticking it out and getting it done. The transformation sounds incredible, especially considering you and your friends tackled everything yourselves. That kind of grit and commitment really shines through. And yes, dad was right. It often ends up costing WAY more in the end when we (try to) do it all ourselves. :)

Also, curious — is this Glencoe, IL? I’m familiar with the area and love seeing solid flips up there, which are far and few between. Are you planning to do more in the future? Would love to connect, especially if you ever consider working with private lenders!

-Jennie

Post: How Flips Help People

Jennie BergerPosted
  • Lender
  • Chicago IL
  • Posts 323
  • Votes 208

Congrats, @Sean McDowell— love everything about this! Helping a seller navigate probate and giving her a moment to revisit her childhood home is truly special. That kind of impact is what makes this work so rewarding. 🙌

Curious — are you open to working with private lenders on any of your upcoming flips? I’d love to connect if it’s something you’re considering!

-Jennie

Post: 1407 5th St N Columbus MS 39705

Jennie BergerPosted
  • Lender
  • Chicago IL
  • Posts 323
  • Votes 208

Hey @Thomas Taylor III - curious how are you funding your deals? Thanks for sharing your acq calc!

Post: First fix and flip

Jennie BergerPosted
  • Lender
  • Chicago IL
  • Posts 323
  • Votes 208

@Aidan Hickey Congrats on getting that first flip done! I always said it's a feat in and of itself to just FINISH the project, much less SELL it (or refi, whatever your strategy). Anything new and exciting in the pipeline? Would love to see if we can help with funding.

Cheers!

-Jennie

Post: Rural Arkansas Flip

Jennie BergerPosted
  • Lender
  • Chicago IL
  • Posts 323
  • Votes 208

@Tanner Thibodeaux 

Great share - and congrats on getting your project to the finish line! So many lessons to be learned, and honestly it's probably a blessing that you encountered a lot in your FIRST flip. (I didn't have a lesson until my 3rd or 4th lol...) 

Anything new in the pipeline? Would love to see if we can help in some way with funding.

Cheers!

-Jennie

Post: Contract for Private Lending

Jennie BergerPosted
  • Lender
  • Chicago IL
  • Posts 323
  • Votes 208
Quote from @Steve Balinski:

Hello, I'm very interested in becoming a private money lender. I've found 1 local attorney who's written lending notes before.  He said just to start and get a basic contract with my preferences would be about $2k, does that sound right? Seems pretty steep.  If I lend 30K for 12 months at 12% I only walk out with $1600 if I subtract the attorney fee alone + any other related fees.  Doesn't seem worth it, at all.  What am I missing?  Even if I lend 50K it doesn't seem worth it.

If you have an upcoming loan in the pipeline, I have a great attorney I can refer you to for a loan package. He's based in PA, understands private money lending well, and can write document packages for loans in multiple states, one being IL. I'm also in Chicago and lend here locally, so would be happy to introduce you to him. Feel free to DM me for more info!
-Jennie
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