All Forum Posts by: Challenor Jack

Welcome to the best source of real estate information!

I have to agree with Marcia. Line of credit will work much better for you. 

Yes I am

Is this an even for newbies?

My offer was reject but I am not disappointed because I felt I made a good offer. This one was not for me and there will be many more :)

Thank you I will keep this in mind.. 

Thanks for all the responses. I do agree its not a one size fit all. I will let you all know of the outcome.  

Hello BP family I am in the process of making an offer on a Chicago SF home 3 beds 3 bath. It is listed at 140k and in need of approximately 15K work. The properties in the area are within the 190 to 240k range. 

My question to those who may know. What is considered a low ball offer and what would be considered a good offer. My take is I use the valuation of 220k after repair value and offer .50 cents on the dollar which will equate to 110k. Is that off base

Hello BP family I am in the process of making an offer on a Chicago SF home 3 beds 3 bath. It is listed at 140k and in need of approximately 15K work. The properties in the area are within the 190 to 240k range. 

My question to those who may know. What is considered a low ball offer and what would be considered a good offer. My take is I use the valuation of 220k after repair value and offer .50 cents on the dollar which will equate to 110k. Is that off base. 

Which Chicagoland & suburbs are good for rental investing? Anyone who has good knowledge of the Chicagoland & suburbs area please share any information you may know.