All Forum Posts by: Melchor Domantay

Hello Guys,

Can you please recommend a good Licensed Electrical Contractor in Cicero IL. I need a estimate for the city compliance so the city can have a basis for how much escrow i have to put in repairs.

Thanks, 

Thank you guys!

@Will Gaston Thank you for your help!

Great!! Thank you for responding @Will Gaston do you have Credit Union LOC in your name? If so, how long is the process?

Hello BP,

Does anyone know a good Credit Union that provides LOC around Chicago West Suburbs?

Thank you for your help!

Hello BP,

Does anybody know a good wholesaler around Chicago West Suburbs?

Thank you for your help!

I'm an Investor in Berwyn/Cicero area. Are you just accepting cash??

Is this property still available?

Hello BP,

I have a few questions about "subject to" financing - If a seller is willing to sell his property but he has an existing loan to it, say its a small amount and the rest is seller financing. Can I just use any purchase agreement to purchase the property or is there a template for it that I can look at? Also, what's the necessary steps to do due diligence for this kinds of deals? If I run the title search to make sure there's no lien attach besides the bank, would it trigger the bank and risk a due on sale clause?

Lastly, would I be able to depreciate the whole value of the purchase price? (Combination of the bank debt and the seller debt) 

Thank you for your help.

I'll be there