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60610 : Real Estate Advice

  • All62
  • Local Info6
  • Home Buying30
  • Home Selling8
  • Market Conditions2

Activity 52
Fri Jun 16, 2017
Hpickrell asked:
Sat Jul 16, 2016
Cathryn Browne answered:
Hi! It can be done! You're likely going to have more stringent income and higher down payment requirements by lender, but shop around because it can be done. Hope this helps.
0 votes 1 answer Share Flag
Sun Nov 22, 2015
Francesco Bianchi asked:
I am about to buy an investment property in Chicago downtown, with the goal of rent it. I am a foreigner, which means no SSN and no credit rating. Is it easy / possible (and of course, for…
0 votes 0 Answers Share Flag
Fri Jun 5, 2015
Noah Seidenberg answered:
Good answer by Samantha, I just will add that the help screens on Trulia are pretty good,
0 votes 2 answers Share Flag
Fri Jun 5, 2015
Noah Seidenberg answered:
It depends on how old the building is and what amenities it has. Somewhere between $5 and 10K per unit.
0 votes 9 answers Share Flag
Fri Jun 5, 2015
Noah Seidenberg answered:
Chicago is different than New York in that people can get away with never driving Tony. I would suggest getting a parking place if at all possible. I am using NY because it is another big city. ... more
0 votes 14 answers Share Flag
Wed Jan 21, 2015
Luke Wojcik answered:
Check this link out. You will need to sign up but all info is free

http://chicagorealestatedude.com/sell-house-without-agent
0 votes 26 answers Share Flag
Fri Nov 21, 2014
Mike Opyd answered:
I think I know which development your talking about. I know a few lenders who will do a conventional loan in there. Let me know if you would like a few names.
0 votes 3 answers Share Flag
Tue Nov 4, 2014
Chumchururum answered:
1. Active - property is listed, and available for showing,

2. Contingent (could also be Active/Contingent) - there is an offer, and there are some contingencies, e.g., attorney review, mortgage, etc,

3. Pending - there is an offer, it's under contract, there are not contingencies, and we are just waiting to close.
... more
1 vote 21 answers Share Flag
Mon Oct 27, 2014
garypuntman answered:
I'm not sure of any contractors in my area. I'm on the hunt for a good one though. I need to find someone to help me build my new home. It would be great if I could talk to someone about all of the specific things I want done. I'm going to look into some of the suggestions posted.
http://www.plumbergrandeprairie.ca
... more
0 votes 7 answers Share Flag
Thu Apr 24, 2014
Michele Wilson answered:
The listing agent does not represent you!!! Find an agent who will act in your best interest as your buyer agent.
0 votes 7 answers Share Flag
Tue Apr 15, 2014
Mack Alsaidi answered:
I can help you. Feel free to contact me.
0 votes 17 answers Share Flag
Tue Apr 15, 2014
Mack Alsaidi answered:
Tue Apr 15, 2014
Mack Alsaidi answered:
Are you renting your place out or looking to personally rent?
0 votes 4 answers Share Flag
Sat Mar 22, 2014
JIM Michaels answered:
Tue Feb 11, 2014
doug answered:
RentalHomeFinancing.com – February 10, 2014 - Direct provider of permanent commercial blanket mortgage financing for 5 to 500+ rental properties on a Nationwide basis.

Competitive 5 and 10 year fixed rates for stabilized properties using a 1.2x DSCR and 90%+ occupancy rate.

Today the rate is 5.5% to 6.875%

Purchase - Refinance - Cash Out for Single Family houses, Condos, Townhomes, Apartments…

Reasonable seasoning required for cash out.

No Rehabs - No vacant purchase - Not a Hard Money Product.

www.RentalHomeFinancing.com
... more
0 votes 4 answers Share Flag
Thu Jan 9, 2014
Matt Laricy answered:
Louise,
There are 9 units currently on the market. A 1bed/1bth is starting as low as 209k. Id be happy to email you the information if you like.

Matt Laricy
Americorp Real Estate
Brokers Associate, e-PRO
mlaricy@americorpre.com
708-250-2696
... more
0 votes 2 answers Share Flag
Sun Oct 6, 2013
Daniel Mirea answered:
If they love the place they will take even without the washer and dryer. The kitchen and bathrooms are most important !
0 votes 9 answers Share Flag
Tue Oct 1, 2013
Chicago Apartment Re answered:
600 sq feet sounds like a jr 1 bed... If your building is older, you might be looking at 1200 to $1300 a month. The modern building in the heart of the Gold Coast jr 1 beds at 700 sq feet at getting aroung $1500 a month right now. They were getting $1700 a month last year.

If you would like to chat about this more, please call me at 312-480-0330
Jerome Bressert
... more
0 votes 8 answers Share Flag
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