All Forum Posts by: Dorothy Wulf
Dorothy Wulf has started 1 posts and replied 145 times.
Post: Setting up a eQRP vs. SDIRA

- Chicago, IL
- Posts 165
- Votes 49
Yes, my husband and I have EQRP’s. Highly recommend. You are the custodian or your own account.
Post: How fast can I sell a house after purchasing it?

- Chicago, IL
- Posts 165
- Votes 49
I stated, "Ask if the 2nd tier finance company mentioned, has a penalty for selling early?" This may alter your decision in when you want to sell. Some companies have heavy penalties for selling early, as this is when they make the most money off the loan. Selling early can alter your decision on when to sell.
Post: How fast can I sell a house after purchasing it?

- Chicago, IL
- Posts 165
- Votes 49
Find out the penalties that will be imposed if selling early.
Post: Range cost to build a 2-car framed garage in Chicago

- Chicago, IL
- Posts 165
- Votes 49
If the concrete pad is there, a garage should be approx $8K
Post: Chicago Low Rent Schedule = FHA Self Sufficiency FAIL

- Chicago, IL
- Posts 165
- Votes 49
You should find mls comps that show parking included in rent price.
Post: Chicago Low Rent Schedule = FHA Self Sufficiency FAIL

- Chicago, IL
- Posts 165
- Votes 49
You can provide the lender you own comps. I would add a summary page and number the pages of the comps for easy reference.
Post: Looking for First Rental Property in Illinois

- Chicago, IL
- Posts 165
- Votes 49
Post: Finding Refinance Rates/Lenders for Investment Properties

- Chicago, IL
- Posts 165
- Votes 49
Hi Daniel,
A lender that I use all the time just locked in my client on his investment property at 3.75%. Feel free to private message me for his information.
Post: INVEST NOW OR WAIT A COUPLE MONTHS??

- Chicago, IL
- Posts 165
- Votes 49
Hi Sebastien! I would recommend getting your search going as you never know when a good deal with come on the market. Right now inventory is low. Rates are terrific so if you find something, I would recommend taking a look at it and if the numbers make sense then I would submit an offer.
Post: Prospective Investor in Chicago Metro

- Chicago, IL
- Posts 165
- Votes 49
Welcome Scott! I would be happy to answer any questions you have regarding investing in the rental market.