All Forum Posts by: Mateusz Skiba
Mateusz Skiba has started 10 posts and replied 17 times.
Post: DSCR loan for a condo in Chicago Suburbs

- Rental Property Investor
- Chicago, IL
- Posts 17
- Votes 4
Hello, I am currently looking to purchase a condo in the surrounding Chicago suburbs and I am looking to get a DSCR loan. The condos I am looking at range from $110,000-$140,000. My Fico is around 650. My down payment would be around 30-40%. Any recommendations or advice would be greatly appreciated, thank you.
Post: Property management company in Dekalb IL

- Rental Property Investor
- Chicago, IL
- Posts 17
- Votes 4
Hello, I’m currently looking at purchasing a single family home in Dekalb IL as a rental property. I was wondering if anyone knows of any reliable management companies in the Dekalb area, thank you.
Post: Will working for myself make it harder for me to get loans??

- Rental Property Investor
- Chicago, IL
- Posts 17
- Votes 4
Currently I work for a company but i plan on becoming a subcontractor. As a subcontractor i will still have a boss and i will be working with a crew. Checks will be paid out every week. Checks will mostly be the same every week but may slightly vary due to the weather because my job requires us to work outdoors. Me being a subcontractor and having my own "company" or llc just means im responsible for myself on the job site, and having my own insurance (instead of the boss being responsible for it)I have been working in this industry for over two years now. Working for a company has made getting loans for properties easy the past 2 times i have applied. My question now is, will being a "subcontractor" make it more difficult for me to get approved for loans, even though my income will be steady every week, and i've been in this industry for over 2 years???
Post: Closing on my first deal on Thursday at 21!

- Rental Property Investor
- Chicago, IL
- Posts 17
- Votes 4
Post: Need help finding funding

- Rental Property Investor
- Chicago, IL
- Posts 17
- Votes 4
Post: How many units can I buy

- Rental Property Investor
- Chicago, IL
- Posts 17
- Votes 4
Post: Can someone please answer this question that I have

- Rental Property Investor
- Chicago, IL
- Posts 17
- Votes 4
Post: Can someone please answer this question that I have

- Rental Property Investor
- Chicago, IL
- Posts 17
- Votes 4
Post: Can someone please answer this question that I have

- Rental Property Investor
- Chicago, IL
- Posts 17
- Votes 4
Post: Can someone please answer this question that I have

- Rental Property Investor
- Chicago, IL
- Posts 17
- Votes 4