All Forum Posts by: Matthew Nosal

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Matthew Nosal has started 46 posts and replied 55 times.

Investment Info:

Single-family residence buy & hold investment in Calumet Park.

Purchase price: $85,000

Rehabbed property that is rented!

What made you interested in investing in this type of deal?

Location and amount in rehab

How did you find this deal and how did you negotiate it?

Auction

How did you finance this deal?

Private Money

How did you add value to the deal?

Interior rehab

What was the outcome?

Rental

0 Votes

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $50,000

Fix and Flip in Sauk Village, IL

What made you interested in investing in this type of deal?

Area and price

How did you find this deal and how did you negotiate it?

Off Market

How did you finance this deal?

Private money

How did you add value to the deal?

Full interior rehab

What was the outcome?

Under construction

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Frank Montro

0 Votes

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $90,000
Cash invested: $24,000

Fix and Flip- South Side Chicago

What made you interested in investing in this type of deal?

Location

How did you find this deal and how did you negotiate it?

Auction

How did you finance this deal?

Finance of America

How did you add value to the deal?

Full interior remodel

What was the outcome?

Under construction

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Frank Montro

2 Votes

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $65,000

Fix and Flip- Chicago South Side.

What made you interested in investing in this type of deal?

Location and simplicity of the remodel.

How did you find this deal and how did you negotiate it?

Off market

How did you finance this deal?

Private money

How did you add value to the deal?

Remodeling the property- New kitchen cabinets, countertops, appliances, vinyl plank flooring on the first floor and carpet on the second floor. New bathrooms- Bath tub tile surround.

What was the outcome?

Under construction

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Frank Montro

0 Votes

Quote from @Conrad Legé:

Quote from @Matthew Nosal:

Investment Info:

Single-family residence fix & flip investment in Chicago.

Purchase price: $74,500
Cash invested: $36,900
Sale price: $206,000

Rehabbed 3 bedroom 1 bath property on the South Side of Chicago.

What made you interested in investing in this type of deal?

Size of property, location, simple rehab

How did you find this deal and how did you negotiate it?

Wholesale

How did you finance this deal?

Finance of America

How did you add value to the deal?

Remodeled the property: New windows, refinished hardwood, new kitchen, new doors, vinyl plank flooring, stainless steel appliances, washer/dryer, quartz countertops.

What was the outcome?

Flip- Profit

Lessons learned? Challenges?

Simple is key. The easier the rehab the smoother the process

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Finance of America

That’s a great deal. Great margins. Im looking to complete my first flip this year in South Chicago & these are the kind of properties I am interested in. I have cash as well as good lender options. I see you’re a contractor as well. Would love to connect.

Thank you! Appreciate it. Absolutely. Let me know how I can help.

0 Votes

Quote from @Eudith Vacio:

Hey @Matthew Nosal

Beautiful! how long did it take you to rehab and how much did you end up selling it for? 😃

Thank you! Appreciate it. This one is going to be listed on the market shortly for $175,000. Rehab took a total of 32 days.

0 Votes

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $50,000

Fix and Flip in Roseland - Chicago, IL

What made you interested in investing in this type of deal?

Location, price

How did you find this deal and how did you negotiate it?

Agent

How did you finance this deal?

Private Money

How did you add value to the deal?

Remodel full kitchen, Cabinets, countertops, appliances, bathroom, LVP, refinish hradwood, paint, new fixtures.

1 Vote

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $68,000

Fix and flip in Park Forest, IL. Cosmetic rehab. We will be remodeling the kitchen, bathrooms, installing LVP, and painting.

What made you interested in investing in this type of deal?

Location

How did you find this deal and how did you negotiate it?

Wholesaler

How did you finance this deal?

Private Money

How did you add value to the deal?

30k remodel

0 Votes

Hey, this was for a personal project. I like Finance of America. I use them to fund majority of my purchases and refinances. Easy to work with and quick to close.
I find some on MLS but most are off market. Frank Montro has a lot of good off market properties I would recommend getting on his email list.

0 Votes

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $60,000

3 bedroom 1 bathroom on a concrete slab

What made you interested in investing in this type of deal?

Location- 3 bedroom 1 bath

How did you find this deal and how did you negotiate it?

Off market

How did you finance this deal?

Private Money

How did you add value to the deal?

Cosmetic rehab- Remodel bathroom, kitchen, flooring, trim, doors, paint.

What was the outcome?

Buy and hold

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

New Western

2 Votes

All Forum Posts by: Matthew Nosal

Matthew Nosal has started 46 posts and replied 55 times.

Post: Calumet Park, IL Rental

Post: Sauk Village, IL - Fix and Flip!

Post: South Side Chicago Fix and Flip

Post: South Side Chicago Fix and Flip

Post: Fix and Flip Chicago

Post: Roseland- Chicago, IL Fix and Flip

Post: Roseland- Chicago, IL Fix and Flip

Post: Park Forest, IL Fix & Flip

Post: South Side Chicago, IL- Buy and Hold

Post: Dolton, IL Buy and Hold