Hello All,Does anyone have a couple of good brokers or direct lending contacts that specialize in commercial loans (multi unit 5 or more) on the North side of Chicago? 

Assuming primary, max DTI is typically anywhere between 43-49.9% contingent on factors like zip code, program, FICO, etc.

Here are the fastest-selling ZIP codes in America in the second quarter of 2024.Snohomish County just north of Seattle coming in at #1Obviously this makes finding deals in these locations harder to find which is why working with the right people matters now more than ever. 

There are companies that are vertically integrated specialized for helping investors who don't have the time nor the effort to spend sourcing deals, managing contractors, finding residents and managing.

Hello everyone, I am also interested in the Detroit market suburb area with zip codes such as 48221 to buy and hold rental property digging for cash flow and appreciation.

- What types of properties do you specialize in (residential, commercial, multifamily)?

. - You not there is a GIANT supply glut of listed properties to this one, and then speak that your priced lowest, as if that's any kind of anything special.

The current tax code provides special benefits in this situation.When the original owner passes away, the "basis" of the assets resets to the market value at the date of death.In the US, there is currently an estate tax exemption of approximately $13 million per person, which allows the basis to reset, and depreciation can start anew.This “step-up in basis” is particularly useful if the next generation wants to sell the asset.Since their basis is set at market value, if the property is sold at that value either at the date of death or within six months, there is no capital gain and no taxable event.There have been many examples where portfolios of fully depreciated real estate worth tens of millions of dollars have been passed down from one generation to the next, resulting in little to no tax liabilities for their heirs.Pretty cool, right?

We put a coded lockbox on the door so they can always get in.

While we specialize in eviction services, we also work closely with investors, landlords, and wholesalers.I’d be happy to connect and discuss potential ways we can collaborate.