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All Forum Posts by: Lizette Perez

Lizette Perez has started 3 posts and replied 23 times.

@Debra Mazzone that’s not true, I believe the annual report that you have file every year are $75.

@Calvin Thomas

I agree, it doesn’t make sense if we can’t use it freely and have to run things by the SBA...

Post: SBA Coronavirus EIDL

Lizette PerezPosted
  • Chicago, IL
  • Posts 28
  • Votes 3

@Dan Tutolo

I have a silly question, I keep hearing that the advancement of up to $10k of this 𝘓𝘰𝘢𝘯 can be forgive-able? We won’t have to pay back.

I’ve also understand that they’re a grant - so I understand it as free money. Can someone tell me if this correct?

Post: LLCs?

Lizette PerezPosted
  • Chicago, IL
  • Posts 28
  • Votes 3
After placing the properties into the LLC, or creating series, what's next?

Post: New Chicago Investor!

Lizette PerezPosted
  • Chicago, IL
  • Posts 28
  • Votes 3

HI Ken - 

i'm located in Chicago, born and raised. I too, am looking for expanding my knowledge and looking into wholesaling now. Let's connect. two brains are better than one :) 

Post: Chicago Action Investors

Lizette PerezPosted
  • Chicago, IL
  • Posts 28
  • Votes 3
Only go to these guys if you're serious in partnering up with them, if not they say "it's not a good fit for you", when you opt out.

Post: My first fix and flip has started

Lizette PerezPosted
  • Chicago, IL
  • Posts 28
  • Votes 3
Congrats! Can you tell us how you financed this project? Hard money or traditional bank financing?

hi Sarah is the property still available? 

Post: How to Do a Fix-n-Flip with No Cash Out

Lizette PerezPosted
  • Chicago, IL
  • Posts 28
  • Votes 3
Hi, I'm interested in BLOC as well, can you send it to me as well? Thanks Wendell.

Post: FHA VS CONVENTIONAL/BRRR

Lizette PerezPosted
  • Chicago, IL
  • Posts 28
  • Votes 3
You can use FHA on your next purchase, you're allowed to have one FHA loan at a time. With that said, if you use FHA loan and in a couple of years you refinance to a conventional loan, you then qualify for another FHA loan. I learned this, just the other week, on BP's Brandon Turner's book, "the book on investing the real estate with no and low money down". I hope this helps out on one of your questions.