All Forum Posts by: Kevin Hart

@Mike Hepburn contact me, I'm interested

Hey Sean Mills , I don't own any investment properties in those areas but I do live in Hyde Park. Mt. Lookout and Oakley have a ton of rental properties. A lot of college students and people under 30. If your trying to find a house to flip you just need to make sure the street is not full of renters. Also flips will tend to be higher end unless you're planning on flipping for rental properties Everything in Hyde park is more expensive Hope that helps Kevin

Hey BP'ers, I'm in the process of getting my first house to rehab and sell. I've come to the conclusion that a hard money loan is my best option for financing my first flip. Has anyone ever used Dohardmoney.com ? If so, how was it? Any other recommendations for hard money lenders that you've personally used? Thanks

thanks @Tim G. I kind of figured Evanston was too hood, just wanted to hear it from somwhere else haha. 

Hey Cincinnati flippers Anyone have any experience flipping houses in Evanston? There are some cheap houses out there but not sure if there are even buyers interested in that neighborhood since it's so low income. Kevin

Nice! Congrats on the first flip Tim G. Hopefully I'll be sharing a similar success story in the next 6 months

@Account Closed @Cody Brownfield Sorry I couldn't make it last night, something came up. Hope it was a good time. I'll definitely come to the next meeting if y'all do it again. 

Thanks @Gerald Harris  and@Nick Wing for the advice. 

So would you all recommend finding the property first or the arrange financing first? Please humor my naive questions haha. 

thanks

Hey BP'ers I'm in the process of finding my first property to rehab, but still figuring out my financing options. My questions is about exit strategies. I've been searching the forums but couldn't find what I was looking for. So my question is: if I finance with a hard money loan but my flip isn't selling, what's the best exit strategy if my time is running out on the loan? Can it be converted to traditional financing? Considering it would be my first flip, is a hard money loan too risking or should I stick to traditional financing for my first time? I just bought my personal residence in April, so I already have a mortgage in my name. Thoughts? Thanks Kevin

Cody Brownfield Jered Sturm count me in for Friday. But where is BJ's bar? I'm coming from Hyde park, im guessing somewhere more north?