All Forum Posts by: Matthew Nosal

Investment Info:

Single-family residence buy & hold investment in Chicago.

Purchase price: $86,000
Cash invested: $26,121

Brick ranch with 4 bedrooms and 2 bathroom. Finished basement

What made you interested in investing in this type of deal?

Brick- location

How did you find this deal and how did you negotiate it?

MLS

How did you finance this deal?

Finance of America

How did you add value to the deal?

Full rehab- finished basement- adding 2 bedrooms and a full bath

What was the outcome?

Buy and hold

Investment Info:

Mobile home fix & flip investment in Glen Ellyn.

Purchase price: $200,000
Cash invested: $20,848
Sale price: $330,000

Full rehabbed 3 bedroom 1 bath in great location.

Investment Info:

Mobile home fix & flip investment in Glen Ellyn.

Purchase price: $200,000
Cash invested: $20,848
Sale price: $330,000

Full rehabbed 3 bedroom 1 bath in great location.

What made you interested in investing in this type of deal?

Location

How did you find this deal and how did you negotiate it?

Off market

How did you finance this deal?

Finance of America

How did you add value to the deal?

Full rehab. Interior and Exterior.

What was the outcome?

Great profit

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Finance of America, Networth Realty

Investment Info:

Single-family residence fix & flip investment in Chicago.

Purchase price: $74,500
Cash invested: $36,900
Sale price: $206,000

Rehabbed 3 bedroom 1 bath property on the South Side of Chicago.

What made you interested in investing in this type of deal?

Size of property, location, simple rehab

How did you find this deal and how did you negotiate it?

Wholesale

How did you finance this deal?

Finance of America

How did you add value to the deal?

Remodeled the property: New windows, refinished hardwood, new kitchen, new doors, vinyl plank flooring, stainless steel appliances, washer/dryer, quartz countertops.

What was the outcome?

Flip- Profit

Lessons learned? Challenges?

Simple is key. The easier the rehab the smoother the process

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Finance of America

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $129,000
Cash invested: $3,500

Rehabbed rental ready property. 3 bedroom and 1 bath on a concrete slab.

What made you interested in investing in this type of deal?

Rent ready- location. 3 bedrooms

How did you find this deal and how did you negotiate it?

Portfolio- rental ready

How did you finance this deal?

Private money

How did you add value to the deal?

None

What was the outcome?

Buy and hold

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $129,000
Cash invested: $3,500

Rehabbed property on a double lot. 4 bedroom and 1 bath.

What made you interested in investing in this type of deal?

Cash flow, location

How did you find this deal and how did you negotiate it?

Portfolio - rent ready

How did you finance this deal?

Private money

How did you add value to the deal?

3 month seasoning, slight upgrade to exterior and kitchen

What was the outcome?

Buy and hold

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $129,000
Cash invested: $3,500

Rehabbed 4 bedroom 1 bathroom. Updated kitchen, flooring, paint, and bathroom on a nice lot.

What made you interested in investing in this type of deal?

Cash flow

How did you find this deal and how did you negotiate it?

Bought as a portfolio deal

How did you finance this deal?

Private money

How did you add value to the deal?

3 month seasoning and upgrade countertops

What was the outcome?

Buy and hold

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $88,000

Hazel Crest, IL Flip! 3 bedroom 2 bathrooms- Fully remodeled. New kitchen- 42" white shaker cabinets, quartz countertops, stainless steel appliances. Refinished hardwood floors. Brand new bathrooms.

What made you interested in investing in this type of deal?

Single family brick ranch with 3 bedrooms and 2 bathrooms.

How did you find this deal and how did you negotiate it?

MLS. Negotiated by offering quick close and no contingencies.

How did you finance this deal?

Private Money

How did you add value to the deal?

Remodeled entire home

What was the outcome?

On the market

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Tim Kavanaugh

Thank you! I like ClickInvest because of it's simplicity. Their software is great and makes it really easy to submit offers. The price is worth it. Its a yearly subscription. Takes a lot of the guess work off the table. They give you their ARVs and rehab numbers which are similar to how I would underwrite a deal. You can submit hundreds of offers in minutes. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $73,000
Sale price: $150,000

4 Bedrooms 1.5 bathroom.

What made you interested in investing in this type of deal?

Location

How did you find this deal and how did you negotiate it?

Partnership.- Wholesale deal

How did you finance this deal?

Private Lender

How did you add value to the deal?

Full renovation

What was the outcome?

Partner refinanced and bought me out. Partner is holding it for long term.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Andrew Holmes