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Investment Properties in Chicago : Real Estate Advice

  • All5K
  • Local Info373
  • Home Buying1K
  • Home Selling259
  • Market Conditions100

Activity 85
Davistracy20…, Home Buyer in Chicago, IL
Wed Jan 18, 2017
Davistracy2004 asked:
Malcolm, Both Buyer and Seller in Chicago, IL
Sun Nov 13, 2016
Malcolm asked:
Malcolm, Both Buyer and Seller in Chicago, IL
Sat Nov 12, 2016
Malcolm asked:
I want to add more property to portfolio . I have several properties & my wife wants me to purchase her property . She has good credit & has always paid mortgage & taxes on time…
0 votes 0 Answers Share Flag
USMortgageRa…, Real Estate Pro in Plano, TX
Tue Oct 11, 2016
USMortgageRanger answered:
YES as Lender I can help you with a Investment Condo Finance. I would be delighted to provide you with some mortgage options, this does not require us pulling your credit and will allow you to make the best decision for your family. I can be contacted for a FREE no obligation consultation.

Lowell Sterling
Mortgage Banker
NMLS 968898
Phone 469-347-3572
... more
0 votes 1 answer Share Flag
MCM_STL, Home Buyer in Saint Louis, MO
Thu Aug 25, 2016
MCM_STL answered:
You need to be really careful with this. This is a non-arm's length transaction and you'll want to involve your attorney and accountant before you act to make sure everything you're doing is in compliance with tax laws in order to avoid or at least reduce the risk of IRS scrutiny. ... more
0 votes 1 answer Share Flag
Cathryn Brow…, Real Estate Pro in Chicago, IL
Mon Jul 18, 2016
Cathryn Browne answered:
You can do it simultaneously. Talk to your lender. There are several options including a 203 FHA rehab loan.
0 votes 2 answers Share Flag
Sattarbhutta…, Home Buyer in Romeoville, IL
Sun Jul 10, 2016
Sattarbhutta49 asked:
Is it possible to buy a Studio or one bed apartment within the price range of 60,000 in Chicago IL 60659
0 votes 0 Answers Share Flag
Bob Brandt, Real Estate Pro in Schaumburg, IL
Wed May 25, 2016
Bob Brandt answered:
It will depend on the size, quality, updates, curb appeal and the best judgement of the appraiser that comes to do it.
0 votes 1 answer Share Flag
Bob Brandt, Real Estate Pro in Schaumburg, IL
Tue Apr 12, 2016
Bob Brandt answered:
Would you like to come in to discuss it and we can look through the best options to achieve your goals?
I specialize in the Northwest suburbs and around the Schaumburg / Streamwood /Barrington / Bloomingdale areas. ... more
0 votes 1 answer Share Flag
Sardintommye, Home Buyer in Gurnee, IL
Tue Mar 22, 2016
Sardintommye asked:
I applied for loan for two-flat the unit is $85K. the LO said I should have 6 mos. reserve for the duplex owed, and 20 percent down plus closing cost. Also, the value of property is too…
0 votes 0 Answers Share Flag
Harjeet Bhat…, Real Estate Pro in Schaumburg, IL
Sun Jan 3, 2016
Harjeet Bhatti answered:
Good Afternoon Antwon
Are you planning to flip the property or want to rent out? So I can suggest the right lender name.
0 votes 1 answer Share Flag
Harjeet Bhat…, Real Estate Pro in Schaumburg, IL
Thu Dec 10, 2015
Harjeet Bhatti answered:
We do offer loan under Foreign National Program. I do want more details so I can get your pre-approval. You can reach me hbhatti@homebridge.com.
0 votes 1 answer Share Flag
Matthew Roder, Real Estate Pro in Schaumburg, IL
Wed Oct 28, 2015
Matthew Roder answered:
Patrick Epplin. Very reasonably priced and plenty of experience.
0 votes 1 answer Share Flag
John Meyers, Real Estate Pro in Park Ridge, IL
Tue Oct 6, 2015
John Meyers answered:
You need an agent that will go above and beyond the norm, especially if you are interested in buying or selling an investment property. -- With investment rental properties, the biggest hurdle that most agents don't know who to get over is getting financing approved. -- In addition, the agent needs to warm up the to tenants especially if the agent represents the seller. -- Showing multi-unit buildings is a real challenge so providing the tenants with little tokens of appreciate go a long way. -- I even purchased a car was gift certificate for a difficult renter once and he became my best friend during that deal. :-) ... more
0 votes 7 answers Share Flag
Shane Milne, Real Estate Pro in South Jordan, UT
Tue Jun 30, 2015
Shane Milne answered:
Ldepiero, if you are looking to "fix & flip", then depending on the project we have an investor who will lend on the ARV. No payments required. Need to sell within 12 months of acquisition. Projects are looked at on a case by case basis. Closing can be done in as short as 10 days.

Shane Milne | Lending in all 50 states | NMLS #81195
shane@thebesthomeloans | 949-273-4161 direct
... more
0 votes 2 answers Share Flag
Noah Seidenb…, Real Estate Pro in Evanston, IL
Tue May 12, 2015
Noah Seidenberg answered:
Training is very important but being able to deal with people and handle a tough situation means quite a bit too. You need the total package, education and street smarts.
0 votes 2 answers Share Flag
Noah Seidenb…, Real Estate Pro in Evanston, IL
Tue May 12, 2015
Noah Seidenberg answered:
Have you checked the Fannie Mae Home Path site?
0 votes 1 answer Share Flag
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