All Forum Posts by: Shana Simms

It sure would be a lot easier on everyone if you would post all the information in the Marketplace listing so we don't have to go through all these steps only to find out the property isn't in our purview. Thanks.

Thanks for the advice!

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Seller is out of town and looking to sell this beauty asap.

4 unit

Each Unit 2bed 1 Bath

Average Rent $719

2800 Sq Ft

Asking Price $35k

Estimated Repairs $2-3k for each unit

Will Send more information and pics upon request email me at Projectpushmarketing@gmail.com or call me at 3124057692

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Hey BP! I am currently working on my first wholesale deal. I wanted some advice regarding leveraging a deal in another state on minimum budget. I'm abt to potentially contract a SFH for a great deal. DeaI was presented to me through word of mouth and since i havent completed a deal yet i didnt wanna pass up the deal just because its not in my market. I was wondering how could I structure the deal where i would receive a deposit from the cash buyer and would those funds be immediately available to me or do they go in an escrow? Also, what's the best advice regarding giving out the address when I'm not physically there

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ok thanks!

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Originally posted by @Kyle Payne:

Hey Shana I run a real estate auction website in Chicago and have many non MLS properties on the south side. Give me a call (312) 752-1241.

Thanks,

Kyle Payne | Business Development Representative

AUCTIONS by ATG

1 South Wacker Drive, 24th Floor

Chicago, Illinois 60606 | www.auctionsbyatg.com

Direct: 312.752.1241 | Fax: 312.224.0281

Awesome! Will do

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I have access to investors with alot of cash to spend on unlisted single family homes in the south suburbs of Chicago. I currently stay in GA so I'm looking for someone to partner with that can help find unlisted deals in that market. He wants to spend up to 40k cash.

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Originally posted by @Elio L.:

Well, see what the land value is. You may be able to make an offer to purchase the property subject-to the existing loan. Has the home owner filed a claim for the fire damage yet? I'm not sure about this, but it may be another potential profit center.

Thanks for the responses! They have filed the clai and spent the money already. Now they are just paying the mortgage on the land. I'm going to research lot pricing for that area now.

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Hi, I am new to wholesaling and currently have a deal prospect that has a property it's about 1.4 acres and $60,000 is left on the loan. The property was In a fire so there's pretty much just the lot left. I ran comps and homes in the area values at about $275,000-$323,000. Trying to get some ideas in how I can approach this.

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All Forum Posts by: Shana Simms

Shana Simms has started 11 posts and replied 20 times.

Post: PRICED TO SELL FAST!!! 13K NET CHICAGO HEIGHTS, IL

Post: 20K NET 900 Sq Ft Bungalow CHICAGO HEIGHTS, IL 60411

Post: 4 UNIT IN Cullom IL 60929/ NEEDS ONLY COSMETIC WORK

Post: 4 UNIT IN Cullom IL 60929/ NEEDS ONLY COSMETIC WORK

Post: Working wholesale deal in another state?

Post: Where to Invest these days?

Post: Partnerships? (South Chicago)

Post: Partnerships? (South Chicago)

Post: HELP?!!!

Post: HELP?!!!