All Forum Posts by: Justin Pillion

I have a top producing team out in the Suburbs but have a network of great agents in the city. Shoot me a PM if you'd like some recommendations. 

Welcome @Stephanie Edery. Let us know how we can help you achieve your 2016 goals. Where in Illinois are you currently working?

welcome to BP let us know how we can help you achieve your 2016 goals.

Libby Popovic  I've done hundreds of deals with her and I'm located in Naperville.

Caputo & Popovic, P.C.
 Message me for details.

Welcome @Steve Horvathyou've stumbled on a wealth of knowledge. Let us know how we can help you achieve your 2016 goals.

Welcome James, I'm an Investor/Realtor in Naperville, let me know how I can help you achieve your 2016 goals.

I've seen these go both ways and when they go bad its real bad because as I read through the comments people have already said the repair costs don't change no matter the purchase cost of the property. And the city is slow with permits and very strict to deal with rehabs. Lastly the only way I see you selling the thing in a neighborhood that distressed that on market deals are selling for 10k or less would be if you hold the note. Require a substantial down payment and expect them to default on the loan. Evict and repeat. If you hold the properties they usually make good rentals, but that doesn't seem to appeal to you. 

Well assuming you purchased each property at different times I'd contact my lender and see if they cant get you a better rate so you can eliminate that factor from the equation. Then good old Dave Ramsey debt snow ball starting with the lowest balance first.