All Forum Posts by: Aletha Brown
Aletha Brown has started 4 posts and replied 11 times.
Post: Real estate Wholeselling
- Rental Property Investor
- Aurora, IL
- Posts 11
- Votes 0
@Jeffrey Donis Thanks a bunch for the piece of info! I have definitely been watching several videos and doing research. I will look into those individuals.
Post: Real estate Wholeselling
- Rental Property Investor
- Aurora, IL
- Posts 11
- Votes 0
@Stephen Brown Thank you! I will look into that.
Post: Real estate Wholeselling
- Rental Property Investor
- Aurora, IL
- Posts 11
- Votes 0
Hi to all! I am interested in becoming a wholeseller and I am wondering if there’s anyone willing to be a mentor?
Post: What should my pitch be to my investor?
- Rental Property Investor
- Aurora, IL
- Posts 11
- Votes 0
I have someone who agreed to gift me the down payment for my first purchase (Multi-family and I will be occupying). But after discussing with him about pulling from his investment account (401K), I’m not convinced that he’s comfortable with that strategy. He hasn’t backed out and I want to make sure he doesn’t. What should my second pitch be to him? How do I get him completely on board? What’s a good repayment plan method? I suggested paying back plus interest as well as any potential penalties for withdrawing. He can’t hack with me because he lives in another state, wife and kids, and works about 60-70 hours a week. I need to sell this to him!
Post: What’s my next step?
- Rental Property Investor
- Aurora, IL
- Posts 11
- Votes 0
@Michael Facchini Thanks a bunch Mike. That information helped because I was curious if I did occupy could the 3.5% be gifted. I have worked out a way to where I can occupy. I’d just be investing in a different city/town. Again, thanks a lot. And I’ll hold you to it!
Post: What’s my next step?
- Rental Property Investor
- Aurora, IL
- Posts 11
- Votes 0
@Crystal Smith
Thank you for the advice. Very appreciative.
Post: What’s my next step?
- Rental Property Investor
- Aurora, IL
- Posts 11
- Votes 0
@Joseph Konney Thank you Joseph for your advice. I will definitely take what was said into consideration.
Post: What’s my next step?
- Rental Property Investor
- Aurora, IL
- Posts 11
- Votes 0
@Brie Schmidt Thank you for your helpful advice. Definitely leading me where I need to go. Thanks!
Post: What’s my next step?
- Rental Property Investor
- Aurora, IL
- Posts 11
- Votes 0
@Joe Villeneuve
Nicely saying, if you’re not here to help, refrain from leaving unnecessary comments.
Post: What’s my next step?
- Rental Property Investor
- Aurora, IL
- Posts 11
- Votes 0
Good morning guys! I have a few questions about my next step(s) so I’m hoping I can get a little advice. I’m from Chicago and will be investing in the Chicago market. I am only interested in multi-family. I have an investor who’s willing to invest towards my first deal (down payment). What should my next step be? I have decent credit but have a couple of maxed out cards and a new personal installment loan (3 months new). Should I pay them down first before applying for a mortgage loan? There are lots of potential investment properties here in Chicago currently. Should I just dive in? I don’t have much education other than podcasts and a couple of books. What should I offer as a payback strategy to my investor? What type of mortgage loans should I look into? And just a side note, I’m unable to do house hacking. Please help. I’m ready but don’t want to go into this blind.