All Forum Posts by: Max Klitchman

Hello!

I have a property under contract in Western Springs, Illinois for a fix and flip, and I am looking for an investment partner to help fund the deal. I currently have a hard money loan that is covering 85% of the Purchase Price and 100% of the rehab, and I am looking for an investor to help cover the other expenses for the project.

Here are some numbers:

PP: $462,500

Rehab: $80,000

ARV: $685,000

Approx. GAP Needed: $120,000

I am offering 20-25% Cash on Cash return for your investment, with the project timeline of 5 months.

If you are interested, please reach out to me and I can provide a full Investor Proposal that explains the project along with other information.

Thanks!

 Hi Paul - 

As of right now, my main focus is on fixing and flipping. That comes with finding more deals but also networking with others that work in those areas I mentioned. I am very interested in getting into other projects like house hacking later on though!

 Thank you! With the fix and flips, I am funding through Hard Money Lenders, which is difficult to find in this area as a newbie.

Hello Everyone!

My name is Max Klitchman and I recently got into real estate investing just after graduating college. I have lived in La Grange, Illinois my entire life and I would like to connect and network with other investors, lenders, general contractors, agents, brokers, and any other real estate related professionals that work in the area. I am specifically interested in the western suburbs within Cook County and DuPage – Areas like Berwyn, La Grange, Westmont, Lemont, Naperville, Glen Ellyn, Elmhurst, ETC.

As of last week, I got my first property under contract in La Grange Park with the plan to fix and flip the house. Being so new to real estate, my resources are very limited at the moment and I am looking to expand my connections to learn more about the industry.

Thanks & I’d love to network with you!

Max Klitchman

Hi Mark, 

I just sent you a DM.

Hello!

I recently got my first fix & flip property under contract in Cook County/Chicago, zip code is 60526. From the discussions I've had with hard money lenders, I can't seem to get funding for this house or any house in that zip code. The lenders that work in Cook County won't do deals with me because of experience, and the lenders that will lend to me can't do any deals in Cook County. I am looking for a rehab/fix & flip loan.

Does anyone have Hard Money or Private Lenders to recommend?

I have already spoke with - Renovo, Temple View Capital, Easy Street Capital, Lima One, and Asset Based Lending (abl1)

Thanks