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All Forum Posts by: Mike McCarthy

Mike McCarthy has started 6 posts and replied 6 times.

Post: Financing a house flip

Mike McCarthyPosted
  • Real Estate Professional
  • Naperville, IL
  • Posts 6
  • Votes 2

Hi I'm Mike McCarthy with Westhampton Homes out of the western suburbs of Chicago. I'm looking for a money partner to flip a house in Oak Lawn that I just put under contract. If this is something you would be interested in give me a call at 630/207-9887, or leave your contact information and I will call you. 

Thank You,

Mike

Post: Find rental Properties

Mike McCarthyPosted
  • Real Estate Professional
  • Naperville, IL
  • Posts 6
  • Votes 2

Where do I find rental properties for sale?

Post: Investor wanted for financing

Mike McCarthyPosted
  • Real Estate Professional
  • Naperville, IL
  • Posts 6
  • Votes 2

Home Builder with 20 years experience is looking for a money partner to start flipping homes with in the western suburbs of Chicago.

Thanks, Mike

Post: Looking for an investor

Mike McCarthyPosted
  • Real Estate Professional
  • Naperville, IL
  • Posts 6
  • Votes 2

Hi,

 I'm a custom home builder from the western suburbs of Chicago. I have a deal under contract in Glen Ellyn, IL. I am looking for an investor to partner up with to do tear downs. I've been building homes since 1993 and would like to share with you some information on this project. Please email me with any questions - [email protected]

Lot Price $360,000.00
House Price 3600 SF x $195/SF = $702,000.00
Tear Down $15,000.00
Realtor $54,000.00
Profit $200.000.00
Total $1,331,000.00
Profit Split 50//50 $200,000.00
Money needed for the deal: $350,000.00
All numbers are approximate

❖Investor to provide down payment, co-sign on loan and make monthly loan payments.

Post: Investor wanted for financing

Mike McCarthyPosted
  • Real Estate Professional
  • Naperville, IL
  • Posts 6
  • Votes 2

I am a custom home builder in the western suburbs of Chicago. I have a property under contract in Glen Ellyn, IL. I am going to build a spec house on this property. The house, when it's finished, will sell for 1.3 million. I am looking for an investor for the 30% down on the project, and the rest of the money will come from the bank. We will then split the profits 50/50 once the house is sold. Please contact me for further details

Post: New to Bigger Pockets from Chicago

Mike McCarthyPosted
  • Real Estate Professional
  • Naperville, IL
  • Posts 6
  • Votes 2

Hi everyone,

I signed up on Bigger Pockets a while back, but I am just now really diving into the community. My goal is to contribute as much as I can while connecting with other professionals such as real estate agents, investors, contractors and more. I've been building homes in the western suburbs of Chicago for over 20 years and wouldn't trade it for the world. 

Looking forward to joining the community and meeting all of you.

-Mike