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All Forum Posts by: Peter Pil

Peter Pil has started 3 posts and replied 3 times.

Post: bulk REO in own...

Peter PilPosted
  • Wheaton, IL
  • Posts 3
  • Votes 0

Question to all:

People said bank only sell in their own bulk REO and we could not bundle our own REOs as we want and buy from them.

Can we really bundle 4/5 vacant house we find and make an offer?

Post: POF question: own bank statement vs. trans funding

Peter PilPosted
  • Wheaton, IL
  • Posts 3
  • Votes 0

Hello,
I plan to send an REO offer with my own bank statement as my Proof of Fund yet if the offer is accepted and happened to be under contract, I prefer using Trans Funding meaning the real money will be from different sources at the closing table. Please advise.

Thanks.

Post: Newbie QUESTIONS...please guide

Peter PilPosted
  • Wheaton, IL
  • Posts 3
  • Votes 0

Hello,

I am a recent graduate with student loan debt and newbie RE Investor living in Chicago land.

Kansas state have an incentive program of graduate student where they will pay 50% their student loan debt if they move, live and work in their State.

I was impressed and want to be debt-free ASAP. Thinking to move there to live cheap in rural area and save money and pay back student loan automatically and live a normal life yet build WEALTH. I wanted to move there from Chicago.

Where I live in Chicago is where Real Estate is really appreciating and a spot light for REI... I DON'T KNOW WHAT TO DO

Please SUGGEST where to stay in Chicago area, invest in RE OR move to Kansas, just live normal and simple life, pay off debt, live cheap and abundantly while investing in RE.....BTW.. is RE Investments good there?

Thanks.

Peter