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All Forum Posts by: Jaime Frausto

Jaime Frausto has started 7 posts and replied 72 times.

Post: Probate help

Jaime FraustoPosted
  • Investor
  • Shorewood, IL
  • Posts 79
  • Votes 18

what town in south side?

Post: Subject to?

Jaime FraustoPosted
  • Investor
  • Shorewood, IL
  • Posts 79
  • Votes 18

If a lender calls loan due can you simply quit deed back to original?

Post: Changing the deed

Jaime FraustoPosted
  • Investor
  • Shorewood, IL
  • Posts 79
  • Votes 18
has anyone had their morgage call due when transferring there deed. From personal to company or vise versa ? trying to get an idea on the likely hood of this happening to me. Thanks

Post: Foreclosure: Worth $180K, Must Sell $115K, Will Finance

Jaime FraustoPosted
  • Investor
  • Shorewood, IL
  • Posts 79
  • Votes 18

any HOA $?

thnks

Post: Difficult contractor

Jaime FraustoPosted
  • Investor
  • Shorewood, IL
  • Posts 79
  • Votes 18

My 2cents, do you pay him for work performed or do you pay him 1/2 down ahead of time?. I find that paying for work performed gives you options to get new contractor to continue job and minimize long off track timelines.

good luck

Post: Local Meet Up for Milwaukee Members

Jaime FraustoPosted
  • Investor
  • Shorewood, IL
  • Posts 79
  • Votes 18
Please add me to list. I'm from Chicago [email protected] Saturdays r good for me. Thnks in advance

Post: Trying to refi investment property.

Jaime FraustoPosted
  • Investor
  • Shorewood, IL
  • Posts 79
  • Votes 18
I have a property that I want to pull cash from- " refi". However thus property is in my company's Name. My lender said it must be in my name in order to refi. I don't want to give up my protection that having it in my company name offers . Any ideas? Thnks in Advance. Chicago southwest burbs

Post: Hello from Chicago

Jaime FraustoPosted
  • Investor
  • Shorewood, IL
  • Posts 79
  • Votes 18
Where abouts in Chicago. I flipped in channahon , Mokena , Joliet U?

Post: REIA in Central IL?

Jaime FraustoPosted
  • Investor
  • Shorewood, IL
  • Posts 79
  • Votes 18

Thom , I'm in Plainfield il, area and invest in this area. Was thinking of Bloomington near the colleges . Let me know if u want to share ideas or deals
Good luck

Call a couple of reputable property managing companies and ask them if I where to hire you to manage my property what rent would might you expect and what vacancy rate would you use.
Why ? Because I feel its all about the cap rate. Good luck

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