All Forum Posts by: Ari Ferguson

@Erik Estrada

Who are these lenders and are their points higher to obtain the loan because of this?

@Monica Soyemi I have several cash out refi lenders in Chicago. Message me!

Anyone here invest in assisted living homes? I'm looking for a mentor and partner to join with in the IN, IL, CO areas. 

Anyone here invest in assisted living homes in either CO or IL? I'm looking for a mentor and partner in that space...

Maywood is a small yet growing town, very diverse (more so lately these past 5 years or so). It's a pretty quiet town with good and not so good areas. Nothing too terrible though, especially if you're looking to rent it out. This area rents quickly and sells pretty fast (within 45-60 days). I have 2 properties in the area and grew up in the area. 

@Peter Vuong principle, interest, tax, and insurance

Hello everyone. I have a property under contract (for amount owed on the property to prevent short sale and foreclosure) that I want to purchase subject to and rehab it for retail sale afterwords.

My question is, should I do a rent to own option, then assign it to the end buyer or should I use transactional funding to purchase it and sell to the end buyer. I have never done this before and need some advise. Please and thanks to you all for your help.

Hello BP! Can anyone reccomend an asset and rental income based private lender ASAP? I have a collegue who has high utilization due to using personal funds -which made credit drop drastically- to get through a rehab and now needs to refi immediately to get out of current rehab loan. Looking for a 5-30 year ficed loan wuth a decent rate The rents support the loan 3x and the property was done top notch. Can anyone here help?

If the original tenant you rented to isn't paying rent and you want him out, you can then serve a 5 day notice (from the courts) to the original tenant and start proceedings to have the sheriff put them them both out. It's what we do in IL, not certain if it applies in your state. 

I'm interested in buying at auction (sorry can't figure out how to correct that in the subject line, lol) across state line. Does anyone have any insight on how to get this done when I can't be present?