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24 February 2025 | 7 replies
First, congratulations it sounds like your first deal is going well and is hitting your targets for cash flow, renovation timing, and hopefully budget.
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15 January 2025 | 15 replies
Only caution is if they don’t have checkbook control and there’s a time crunch going through the custodian can cause delays and red tape to deal with.
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24 February 2025 | 2 replies
Does anyone have any advice with dealing with this type of situation.
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23 February 2025 | 6 replies
Underwrite 100s of deals so you understand what your max offer is.
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19 February 2025 | 0 replies
What made you interested in investing in this type of deal?
20 February 2025 | 4 replies
Assuming you have access to MLS (Multiple Listing Service, a place for agents to list deals).1) Look for deals that look like investor-type of deals (e.g. low purchase price, ugly houses, or sometimes MLS will even say what type of financing it is)2) If the buyer's info is there, voila. 3) Otherwise, contact the realtor to look for leads (that will be more of a uphill battle, but you never know...)
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24 February 2025 | 1 reply
Can you send me the deal?
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18 February 2025 | 6 replies
You'll have to give a significant percentage of the deal to them for the risk they are taking.
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18 February 2025 | 7 replies
I suggest running an analysis and just sharing it here on BP.I am also happy to hop on a call and point you in the right direction based on some of my experiences- no matter what, keep at it...this stuff takes time.If you get a deal here in Chicago and need to partner up, I am your guy!
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24 February 2025 | 2 replies
For my next deal I'm considering adding another duplex to the portfolio or investing in a syndication.