All Forum Posts by: Ben F.

Wholesale investment property for sale in Park Forest, IL located at 443 Natoma St. As per comparables ran on 9/30/18, this property is worth around $88,825. The value range is from $70,172 to $107,478. The tax value is $25,483. This property is 1,092 square feet with 3 bedrooms and 1 bath.

The county will likely have the deed processed by late November. 

Purchase the rights to the deed now for $45,000 cash or once deeded for $50,000 cash.

To learn more about this Park Forest, IL investment property message me directly or send an offer!

@Bob Green Great details. The criteria will help educate all parties interested.

@Jay Shapiro thanks for specifying the name of the loan. This will be helpful as I'm shopping around for best rates.

@Michele B. Thanks for the feedback. Do all lenders do this or do I need to locate a lender who does?

Hello BP Members,

My inquiry is regarding if multiple investors can acquire a loan together?  If there are 3-4 people, can financing be pursued for a real estate flip project? How does the financing work; primary owner and the others investors are co-signers??? How are the incomes of all 3-4 people considered into the transaction??

Please advise if you are familiar. If you have references of lenders to pursue, please include them.

Thanks!

@George Skidis thanks! I'll look into those

Hello BP Members,

If anyone has a means of locating companies with off market real estate property listings for sale in Illinois (Chicagoland counties) and Texas (Dallas-Fort Worth area counties), please let me know.

I have a few, but I know I haven't tapped into this market in the least bit. I am looking for new investments.

Thanks

Hello BP Members, I'd like to get feedback from OWNERS operating their own SELF SUFFICIENT/INDEPENDENT real estate investment business, regarding the best entity structure of choice? Please indicate the pros and cons of your chosen entity structure. Naturally I expect many of you are C Corps, S Corps and maybe some LLCs. For someone aspiring to become their own boss and looking to run an INDEPENDENT business where that business can borrow as needed from a lender, what entity structure is ideal? Also within that structure, what are some key transaction types you'd want to account for, within the day-to-day operations, in order to achieve high effectiveness in deferring high tax rates within your entity structure? (I'm looking to gain awareness in KEY notable transactions that one would NOT want to sacrifice or NOT declare) Thanks!! Hope this sparks some intellectual and justifiable direction as I know this is a passionate topic!

Thanks @Tom Ott and @Larry Fried  Your feedback is appreciated.  I will look into both suggestions

@James Wise Awesome feedback James! Very useful information here...thanks for the detail!