All Forum Posts by: Federico Gutierrez

Property is nonconforming. It won't pass any Freddie or Fannie algorithm the banks use so you won't be able to get traditional financing

It will need to be CASH or Private Money you use to buy this deal. THEN remember you will have this same problem when you go to sell the property

Some properties Realtors will put what forms of financing a Seller will accept. Rare but sometimes seller financing is a method a seller will accept. I think its better to sit with a realtor and ask them to filter properties that accept seller financing.

You also need to consider Sellers can only offer Seller financing on properties they own outright. I don't know what the % of owners that own their homes outright but it's not a large amount. So you're seeking for a needle in the haystack

As a wise man said It's not timing the market, it's time in the market

Stay on the side line you get none of the tax benefits which could assist you today rather than tomorrow

Take your cash and get loans and invest in multiple markets and multiple houses. Don't limit yourself if your in doubt. 

If you buy one SRF and you get a vacant you getting no ROI on your cash, so try to buy as much as you can for with your money.

Under CONTRACT! MSG ME to find quality deals like this

********! Join my MAILING LIST !**********! Join my MAILING LIST !*************

Investors this one is for you. Tenants have been here for a while paying $900/month and have a lease until March 2019 (wish to stay). All utilities are paid by the tenants. They pay like clockwork. Property has newer roof, furnace. Painted and newer carpet throughout. Not to mention very large garage only a few years old.

Assuming 4.5% interest, 30 year mortgage & a 25% down payment.

• Down payment $ 15,625.00
• Up Front costs $ 1,500.00
• Estimated Yearly Rents $ 10,800.00
• Estimated Yearly Expenses $ 5,400.00
• Yearly Debt service $ 2,850.10
• Net cash flow after expenses & debt service $2,549.90

CASH ON CASH RETURN 14.9 %

Meet your favorite Aussie Realtor @Federico Gutierrez

Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.

Holton-Wise Property Group - Cleveland -

Century 21 Universal - Chicago -

Have helped many Bigger pockets members build passive cashflow. Read how I've helped fellow BP members acquire CASH FLOWING investments. What's stopping you from investing? LET'S TALK

Read my Zillow Profile and my outstanding work ethic for my clients

*Featured properties is listed by the office/agent presenting this brochure

IF this wasn't a scam you would definitely get what you pay for. I don't think for 3% you would get a return phone call from the PM company

That's like asking how much higher can Amazon go up in price? 

Market is hot and while other cities have less favorable returns, higher purchase prices . Cleveland has the entry to purchase lower thus people will look at Cleveland much more favorable to park their money OR get their foot into the RE door.

Whatever it takes to not get fined. 

The fine is much greater than paying for the service.

********! Join my MAILING LIST !**********! Join my MAILING LIST !*************

Charming 3 bedroom, 1 bath bungalow on a quiet residential street. With rounded entryways & glass knobs, this house is brimming with character! Eat-in kitchen boasts newer cabinetry. Living room w/ crown moulding & cozy fireplace. Formal dining room features gorgeous leaded glass built-ins & crown moulding. Upstairs hall with built-in storage. Master bedroom boasts closet to attic space. Watch the seasons change in the relaxing covered porch. Outdoor patio is perfect for entertaining! Hardwood beneath much of carpeting. Updates: new driveway & re-cemented patio (2016), hot water tank (2012), furnace (2008), kitchen cabinets (2007), roof (2005), newer vinyl windows.

Assuming 4.5% interest, 30 year mortgage & a 25% down payment.

• Down payment $ 19,975.00
• Up Front costs $ 2,500.00
• Estimated Yearly Rents $ 12,000.00
• Estimated Yearly Expenses $ 6,000.00
• Yearly Debt service $ 3,643.57
• Net cash flow after expenses & debt service $2,356.43

CASH ON CASH RETURN 10.5 %

Meet your favorite Aussie Realtor @Federico Gutierrez

Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.

Holton-Wise Property Group - Cleveland -

Century 21 Universal - Chicago -

Have helped many Bigger pockets members build passive cashflow. Read how I've helped fellow BP members acquire CASH FLOWING investments. What's stopping you from investing? LET'S TALK

Read my Zillow Profile and my outstanding work ethic for my clients

*Featured properties is listed by the office/agent presenting this brochure