All Forum Posts by: Ali Khan

Hey BP Family,

I am looking to purchase a warehouse property in Round Lake, Illinois. The cost of the property is $675,000, and I am willing to put down $200,000.

I will be operating my business out of this warehouse, marking it as my second location. However, my financials for 2022 were not that strong. On the bright side, my financials for 2023 are robust, but I have not yet filed my taxes.

I am currently facing challenges finding a commercial lender who finances warehouse properties in Round Lake. Unfortunately, every banker I've spoken to, upon reviewing my 2022 financials, has backed out.

On a positive note, I have one paid-off warehouse that I can use as collateral.

Please let me know if any of you have suggestions for lenders who might be able to assist me in this situation.

Thanks, Ali Khan

Hey BP Family,

I am looking to purchase a warehouse property in Round Lake, Illinois. The cost of the property is $675,000, and I am willing to put down $200,000.

I will be operating my business out of this warehouse, marking it as my second location. However, my financials for 2022 were not that strong. On the bright side, my financials for 2023 are robust, but I have not yet filed my taxes.

I am currently facing challenges finding a commercial lender who finances warehouse properties in Round Lake. Unfortunately, every banker I've spoken to, upon reviewing my 2022 financials, has backed out.

On a positive note, I have one paid-off warehouse that I can use as collateral.

Please let me know if any of you have suggestions for lenders who might be able to assist me in this situation.

Thanks, Ali Khan

Hi BP Family,

I am a new investor and looking to connect with some lenders that specialize in Multi-Family in the Chicagoland area.

Thanks

Hi BP Family,

I have a client with bad credit history who wants to purchase a home. 

Where can I send them to fix their credit?

Also any good FHA lenders in the Illinois area?

Thank you

Hi BP Family,

I am a new Real Estate Agent/Investor in Chicagoland Area.

What applications and tools are you guys using to source inventory?

I have access to MRED MLS but it seems little outdated and tough to use filters to source property.

Thanks in Advance

@Steve Smith Hey Steve i am a new investor in Lake County please let me know if you have any multi units.

I am looking to get my real estate license.

I am a 28 year old entrepreneur.

What are some good schools in Illinois to go to?

Is the test very challenging? I have been out of college for about 5 years now.

Please advise how I can get my real estate incense.