
3 September 2024 | 47 replies
You can have both accounts for a period of time until you move everything over, then you can close your Wells Fargo accounts.Frankly, Wells Fargo has been a frustration... they won't allow mobile deposit over $2,500 and you can't send a wire transfer online for over $10K - they make you go to the branch (what a joke!!!).

4 September 2024 | 4 replies
Cook County Property Tax Incentives: Cook County has a tax incentive program that allows projects to receive a special property classification for a 12 year period that lowers annual property taxes by as much as 50% through the term of the incentive program.

4 September 2024 | 14 replies
That period of time may be more or less relevant individual investors, but it is the obvious starting point for the discussion.

5 September 2024 | 26 replies
It has more to due with the great inflationary period we are in.

4 September 2024 | 5 replies
See fi you can find some like minded partners that you can stand to live with for a short period of timeWith regards to Chicago- Same advice as NYC but the price points are going to be significantly less than NYC.

2 September 2024 | 22 replies
I will not be able to do a cashout refi with a conventional lender for 12 months, and although Fannie and Freddie require a 12 month seasoning period for cashout refi's, it seems most convetional lenders, even in a straight out refinance (with no cash out) require 12 months as a policy.Does anyone have any recommendations for long term lenders that will balloon me out on a long term loan?

3 September 2024 | 22 replies
I am considering turning it on for a short period and see how it goes.

6 September 2024 | 79 replies
Items you will be asked for will be:Address:Purchase Price:Rehab budget:Estimated Term needed:Estimated ARV:Square Feet:Configuration (Bedrooms, Bathrooms):Rehab short description:Explain why this is a good deal:Your history in real estate (including number of flips):Any other comments about the project:Include a Property Data Sheet (MLS Listing, FSBO Ad, Auction Listing, etc)Also include a minimum of 3 Solid Sales Comparables – preferable realtor generated*Once all of stage one above is sent in it can take up to 24 hours for approval to move on to stage 2.Stage 2 on the following page.1Page 2 of 2-Stage 2-After initial review we’ll need the following items sent to processing (Note: all costsat this point are your responsibility & don’t guarantee funding):Inspection from a professional inspectorBPO or Appraisal (Please see guidelines below for a BPO)REPCDates: Inspection Period, Settlement DateDetailed Renovation Budget from 3 contractors (please tell is which contractor you feel best about using)More info may be needed as we move forward, it depends on the best structure for the deal*Once all of stage 2 is submitted in will take a few hours to review and if everything is approved it can take upto 10 business days to close.BPO Guidelines:Please do not use your buyer’s agent to do the BPO.
4 September 2024 | 11 replies
Only renew really good tenants, period.

4 September 2024 | 25 replies
And bait and switch, 10 day Option periods for 10 days for $100 to surf for other Buyers to assign to - don't get me started LOL!