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All Forum Posts by: Michael Tootelian

Michael Tootelian has started 3 posts and replied 4 times.

Post: Has anyone used propertyleads.com?

Michael TootelianPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 4
  • Votes 2

Hello, I'm looking for feedback/reviews on a company called "propertyleads.com" possibly out of Sheridan, WY 82801? 

Any info is greatly appreciated.

Post: Looking for tips on wholesaling condos

Michael TootelianPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 4
  • Votes 2

Thanks Roland, I wasn't sure if I'd run into issues with the associations or if the amount of equity would be lower overall. I'm in Chicago where the average condo is 350 to 400k and there's a lot of them! I also know the market well from regular broker deals. 

Thanks again!

Post: Looking for tips on wholesaling condos

Michael TootelianPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 4
  • Votes 2

Hello wholesalers, I'm surrounded by condos. Would anyone be kind enough to give me a couple of pros and cons on wholesaling condos?

Thank you!

Post: Hard money or private lender

Michael TootelianPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 4
  • Votes 2

Hello everyone,

Newbie investor here but been a RE broker since 2000. My question is: If I found a fantastic deal on a property, but don't have enough cash to cover the % that most hard money lenders want you to have in, would they or someone else offer to fund the deal anyway? Perhaps if I offered them a percentage of the profit?

Thanks for your reply

Mike