All Forum Posts by: Lizette Perez
Lizette Perez has started 3 posts and replied 23 times.
Post: Should I Apply for an LLC before I buy my first property?

Lizette PerezPosted
- Chicago, IL
- Posts 28
- Votes 3
@Debra Mazzone that’s not true, I believe the annual report that you have file every year are $75.
Post: Landlord EIDL application

Lizette PerezPosted
- Chicago, IL
- Posts 28
- Votes 3
@Calvin Thomas
I agree, it doesn’t make sense if we can’t use it freely and have to run things by the SBA...
Post: SBA Coronavirus EIDL

Lizette PerezPosted
- Chicago, IL
- Posts 28
- Votes 3
@Dan Tutolo
I have a silly question, I keep hearing that the advancement of up to $10k of this 𝘓𝘰𝘢𝘯 can be forgive-able? We won’t have to pay back.
I’ve also understand that they’re a grant - so I understand it as free money. Can someone tell me if this correct?
After placing the properties into the LLC, or creating series, what's next?
Post: New Chicago Investor!

Lizette PerezPosted
- Chicago, IL
- Posts 28
- Votes 3
HI Ken -
i'm located in Chicago, born and raised. I too, am looking for expanding my knowledge and looking into wholesaling now. Let's connect. two brains are better than one :)
Post: Chicago Action Investors

Lizette PerezPosted
- Chicago, IL
- Posts 28
- Votes 3
Only go to these guys if you're serious in partnering up with them, if not they say "it's not a good fit for you", when you opt out.
Post: My first fix and flip has started

Lizette PerezPosted
- Chicago, IL
- Posts 28
- Votes 3
Congrats! Can you tell us how you financed this project? Hard money or traditional bank financing?
Post: PRICE REDUCTION 4 bed Fixer Home in Chicago Wholesale Opportunity

Lizette PerezPosted
- Chicago, IL
- Posts 28
- Votes 3
hi Sarah is the property still available?
Post: How to Do a Fix-n-Flip with No Cash Out

Lizette PerezPosted
- Chicago, IL
- Posts 28
- Votes 3
Hi, I'm interested in BLOC as well, can you send it to me as well? Thanks Wendell.
Post: FHA VS CONVENTIONAL/BRRR

Lizette PerezPosted
- Chicago, IL
- Posts 28
- Votes 3
You can use FHA on your next purchase, you're allowed to have one FHA loan at a time. With that said, if you use FHA loan and in a couple of years you refinance to a conventional loan, you then qualify for another FHA loan.
I learned this, just the other week, on BP's Brandon Turner's book, "the book on investing the real estate with no and low money down".
I hope this helps out on one of your questions.