Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$39.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

45
Posts
41
Votes
Sam Hudacek
Pro Member
  • Investor
  • Sioux Falls, SD
41
Votes |
45
Posts

Investor friendly title company in Chicago for Subject-To

Sam Hudacek
Pro Member
  • Investor
  • Sioux Falls, SD
Posted

Hello all,

I am located in South Dakota but I am currently in the process of trying to close on a subject-to property in the Chicago suburbs.


This will be my first subject-to so I am unfamiliar with the process and am currently looking to find an investor friendly title company in/near chicago that can help me close with a subject-to.

If anybody has any recommendations for a title company and/or the sub-to process it would be greatly appreciated!

User Stats

3,855
Posts
2,351
Votes
Jonathan Klemm
Contractors
Pro Member
  • Contractor
  • Chicago, IL
2,351
Votes |
3,855
Posts
Jonathan Klemm
Contractors
Pro Member
  • Contractor
  • Chicago, IL
ModeratorReplied

Hey @Sam Hudacek - Awesome to hear!  Subject-to deals are great.  Where is the property located in Chicago?

My friend @Joe Mueller owns investors title services just outside of Chicago.  I'd connect with them...they do a bunch of whole sale and subject to deals.

The key is really the attorney over the title company though, in my opinion.

User Stats

1
Posts
1
Votes
Replied

Also looking at this. Any attorney recommendations? 

BiggerPockets logo
Time to Refi? Get the Best Loan
|
BiggerPockets
Lender Finder helps secure the best loan for your strategy. Easily connect with top investor-friendly lenders now to lock in lowered rates. 🔒

User Stats

45
Posts
41
Votes
Sam Hudacek
Pro Member
  • Investor
  • Sioux Falls, SD
41
Votes |
45
Posts
Sam Hudacek
Pro Member
  • Investor
  • Sioux Falls, SD
Replied
Quote from @Jonathan Klemm:

Hey @Sam Hudacek - Awesome to hear!  Subject-to deals are great.  Where is the property located in Chicago?

My friend @Joe Mueller owns investors title services just outside of Chicago.  I'd connect with them...they do a bunch of whole sale and subject to deals.

The key is really the attorney over the title company though, in my opinion.


 Hey Jonathan!

I ended up going with Chicago Title out of Orland Park, hoping to close this week! 

That being said, do you have any contacts you recommend for repairs? Such as a handyman, electrician, plumber, hvac etc? The property is in Oak Lawn, im trying to build a team out there, thanks!

User Stats

3,855
Posts
2,351
Votes
Jonathan Klemm
Contractors
Pro Member
  • Contractor
  • Chicago, IL
2,351
Votes |
3,855
Posts
Jonathan Klemm
Contractors
Pro Member
  • Contractor
  • Chicago, IL
ModeratorReplied

Hi @Hafeez Shaka - I've got a solid attorney that works directly with the investor title company.  Feel free to shoot me a message for contact details.

@Sam Hudacek - I always say I dont "recommend" any handymen because none of seem to stay consistent over time, but happy to give you a few numbers of guys we have used that do a decent job.

User Stats

5,966
Posts
5,015
Votes
John Warren
Pro Member
  • Real Estate Broker
  • 1658 N. Milwaukee Ave Ste B PMP 18969 Chicago, IL 60647
5,015
Votes |
5,966
Posts
John Warren
Pro Member
  • Real Estate Broker
  • 1658 N. Milwaukee Ave Ste B PMP 18969 Chicago, IL 60647
Replied

@Sam Hudacek nice work locking up a deal. 

Are you going to self manage or hire a PM? I would be careful running a rehab remotely, especially if you plan to use handymen and sub level guys. 

Forte Properties, Inc Logo

User Stats

45
Posts
41
Votes
Sam Hudacek
Pro Member
  • Investor
  • Sioux Falls, SD
41
Votes |
45
Posts
Sam Hudacek
Pro Member
  • Investor
  • Sioux Falls, SD
Replied
Quote from @John Warren:

@Sam Hudacek nice work locking up a deal. 

Are you going to self manage or hire a PM? I would be careful running a rehab remotely, especially if you plan to use handymen and sub level guys. 


 Thanks! I will have someone I know who will manage for me. The property is remodeled, so not much work if any is needed, I just wanted to have people within reach if I needed repairs down the line.

User Stats

5,966
Posts
5,015
Votes
John Warren
Pro Member
  • Real Estate Broker
  • 1658 N. Milwaukee Ave Ste B PMP 18969 Chicago, IL 60647
5,015
Votes |
5,966
Posts
John Warren
Pro Member
  • Real Estate Broker
  • 1658 N. Milwaukee Ave Ste B PMP 18969 Chicago, IL 60647
Replied

@Sam Hudacek the problem with this method is that the people you want to reach out to down the line won't pick up your calls! This is the relationship piece that is missed by so many. A "great" handyman only has so many hours in the day. They will work for the same folks over and over again and ignore incoming SOS calls. I would think this through carefully. At minimum, I would try to establish rapport with one handyperson so you have someone on call for when things go wrong. 

Forte Properties, Inc Logo

User Stats

45
Posts
41
Votes
Sam Hudacek
Pro Member
  • Investor
  • Sioux Falls, SD
41
Votes |
45
Posts
Sam Hudacek
Pro Member
  • Investor
  • Sioux Falls, SD
Replied
Quote from @John Warren:

@Sam Hudacek the problem with this method is that the people you want to reach out to down the line won't pick up your calls! This is the relationship piece that is missed by so many. A "great" handyman only has so many hours in the day. They will work for the same folks over and over again and ignore incoming SOS calls. I would think this through carefully. At minimum, I would try to establish rapport with one handyperson so you have someone on call for when things go wrong. 


 Absolutely! I always have at least one back up for each contact in case of emergency.

User Stats

64
Posts
10
Votes
Joe Mende
Pro Member
  • Rental Property Investor
  • Chicago, IL
10
Votes |
64
Posts
Joe Mende
Pro Member
  • Rental Property Investor
  • Chicago, IL
Replied
Quote from @Jonathan Klemm:

Hi @Hafeez Shaka - I've got a solid attorney that works directly with the investor title company.  Feel free to shoot me a message for contact details.

@Sam Hudacek - I always say I dont "recommend" any handymen because none of seem to stay consistent over time, but happy to give you a few numbers of guys we have used that do a decent job.


 Jonathan, can you DM me the attorney info?  I just found out that my usually attorney is not well-versed in Sub-To, and I'd rather have piece of mind with someone that's worked in that world a bit more, just in case something gets overlooked.

User Stats

64
Posts
10
Votes
Joe Mende
Pro Member
  • Rental Property Investor
  • Chicago, IL
10
Votes |
64
Posts
Joe Mende
Pro Member
  • Rental Property Investor
  • Chicago, IL
Replied
Quote from @Sam Hudacek:
Quote from @Jonathan Klemm:

Hey @Sam Hudacek - Awesome to hear!  Subject-to deals are great.  Where is the property located in Chicago?

My friend @Joe Mueller owns investors title services just outside of Chicago.  I'd connect with them...they do a bunch of whole sale and subject to deals.

The key is really the attorney over the title company though, in my opinion.


 Hey Jonathan!

I ended up going with Chicago Title out of Orland Park, hoping to close this week! 

That being said, do you have any contacts you recommend for repairs? Such as a handyman, electrician, plumber, hvac etc? The property is in Oak Lawn, im trying to build a team out there, thanks!


 Sam, how did you like working with that title company?  Did you already close?

User Stats

45
Posts
41
Votes
Sam Hudacek
Pro Member
  • Investor
  • Sioux Falls, SD
41
Votes |
45
Posts
Sam Hudacek
Pro Member
  • Investor
  • Sioux Falls, SD
Replied
Quote from @Joe Mende:
Quote from @Sam Hudacek:
Quote from @Jonathan Klemm:

Hey @Sam Hudacek - Awesome to hear!  Subject-to deals are great.  Where is the property located in Chicago?

My friend @Joe Mueller owns investors title services just outside of Chicago.  I'd connect with them...they do a bunch of whole sale and subject to deals.

The key is really the attorney over the title company though, in my opinion.


 Hey Jonathan!

I ended up going with Chicago Title out of Orland Park, hoping to close this week! 

That being said, do you have any contacts you recommend for repairs? Such as a handyman, electrician, plumber, hvac etc? The property is in Oak Lawn, im trying to build a team out there, thanks!


 Sam, how did you like working with that title company?  Did you already close?

I just closed today, they actually weren't as familiar with it as they thought they were, so I went through my attorney's title company who handled it perfectly.

User Stats

4
Posts
1
Votes
Replied

@Sam 

Would you please share your attorney who helped close your subject to deal in Chicago?

BiggerPockets logo
BiggerPockets
|
Sponsored
Find an investor-friendly agent in your market TODAY Get matched with our network of trusted, local, investor friendly agents in under 2 minutes

User Stats

2
Posts
0
Votes
Replied
Quote from @Sam Hudacek:
Quote from @Joe Mende:
Quote from @Sam Hudacek:
Quote from @Jonathan Klemm:

Hey @Sam Hudacek - Awesome to hear!  Subject-to deals are great.  Where is the property located in Chicago?

My friend @Joe Mueller owns investors title services just outside of Chicago.  I'd connect with them...they do a bunch of whole sale and subject to deals.

The key is really the attorney over the title company though, in my opinion.


 Hey Jonathan!

I ended up going with Chicago Title out of Orland Park, hoping to close this week! 

That being said, do you have any contacts you recommend for repairs? Such as a handyman, electrician, plumber, hvac etc? The property is in Oak Lawn, im trying to build a team out there, thanks!


 Sam, how did you like working with that title company?  Did you already close?

I just closed today, they actually weren't as familiar with it as they thought they were, so I went through my attorney's title company who handled it perfectly.

User Stats

2
Posts
0
Votes
Replied

Hey Sam. I was wondering how it went with the subject to deal? I am looking for my first deal in the Chicagoland area and am trying to build my team. Would you have contact info for attorney? Have you done anymore creative finance deals since?

User Stats

45
Posts
41
Votes
Sam Hudacek
Pro Member
  • Investor
  • Sioux Falls, SD
41
Votes |
45
Posts
Sam Hudacek
Pro Member
  • Investor
  • Sioux Falls, SD
Replied
Quote from @Ulises Zermeno:

Hey Sam. I was wondering how it went with the subject to deal? I am looking for my first deal in the Chicagoland area and am trying to build my team. Would you have contact info for attorney? Have you done anymore creative finance deals since?


 Hi Ulises,

The sub-to deal was through family so it was a little easier, I haven't closed another creative deal unfortunately, message me and I'll give you the attorney contact!