All Forum Posts by: Scott S.

Hey there!

I am looking to obtain my Indiana/Illinois real estate license. Is there a course that I can take online to help me achieve this? If so, please send me the link and approx how long it will take to complete the course. 

Thanks, 

Scott 

Good Afternoon,

After listening to Podcast 092 it has sparked my interest in multi-family investment properties. I located a property that sparked my interest b/c it is in the neighborhood I grew up in and my parents reside only about 2 blocks from it.

The unit is an all brick building that has four (4) units (2 beds 1 bath each) and a five car garage. Good curb appeal and has a total of about 5900 Sq Ft. The roof appears to have about 5 more years left and the asking price is 400k. Property is not distressed by any means. Unit is currently 100% rented out.

Is there any way to bypass the real-estate agent and connect directly with the owner? He/she might be interested in seller financing...? Typically, what type of financing options are available? I don't have that much money to put down so what are some keys to finding a good partner or different types of loans?

Thanks,

Scott

Thank you for the comments! It sounds like I need to start studying and listening into the podcasts more. Being young and jumping into the real estate market can be a little intimidating to a new investor. But, everyone in the industry has gone through the same struggles. It's time for me to hit the books and start talking to investors like yourselves. Thanks again for the posts.

If you have any wise words of wisdom for a new investor like myself, please share them!

Scott

I am a new investor located in NW Indiana / Chicago Region.

Does anyone have experience in purchasing income properties with little to no money down? Is this even realistic? I am looking to purchase and income property, but am new to the entire process and need some guided expertise. If anyone in the area and would like to connect please get in touch with me.

Thanks,
Scott