All Forum Posts by: Melsi Bifsha
Melsi Bifsha has started 54 posts and replied 121 times.
Post: Contractors

Melsi BifshaPosted
- Vendor
- Chicago, IL
- Posts 137
- Votes 9
I would like a good recommendation on a GC
thank you
Post: Stuck and Need Help

Melsi BifshaPosted
- Vendor
- Chicago, IL
- Posts 137
- Votes 9
What a pickle .....ask him nicely what his plan is if he was to move and offer him some help with moving ( u-haul,labor,find a rental the area ,1st months rent maybe )
This thing it's going to cost time and money
Good luck
Post: How do I buy on auction with hard money

Melsi BifshaPosted
- Vendor
- Chicago, IL
- Posts 137
- Votes 9
Hey guys I like auction.com and I was thinking of putting an offer, I do have the money for fees and earnest etc
But I would like to know how Can I use hard money to purchase and rehab if need it ?
Post: How to Fianace a 30k single family home

Melsi BifshaPosted
- Vendor
- Chicago, IL
- Posts 137
- Votes 9
thank you for all your help
I will talk to Jerry soon
I am no expert but I would like to give my opinion, so for this deal to make sense I BELIVE you should ask for a higher rent for the family that is there already ,try to raise it by $ 100 more a month (and you been fair )and for the other unit on that area you should not have any issues of renting it for $ 900.Update the apt but don't go and spend a lot as long as is in a good living conditions (if you update it you should get more rent so you can get your money back quicker )
And you should meet your 2% rent on a price base on Brandon of BP
75,000 multiply by 2% =$ 1500/monthly rent
750+900=1650
1650 multiply by 12 months =$ 19,800/year
10,000 loan payment for the year you left with 9,800 -other expenses =net profit
Good luck
Post: How to Fianace a 30k single family home

Melsi BifshaPosted
- Vendor
- Chicago, IL
- Posts 137
- Votes 9
Hey guys I am putting an offer this week for 30k for a single family home so I would like to know witch is the best way to Fianace it
(No hard money or private )?
Post: Wholesale deals single family homes in il

Melsi BifshaPosted
- Vendor
- Chicago, IL
- Posts 137
- Votes 9
Yes I am
Also I would like to talk on the phone first or even meet .
Thank you for your time
Melsi
Post: Wholesale deals single family homes in il

Melsi BifshaPosted
- Vendor
- Chicago, IL
- Posts 137
- Votes 9
Looking for Wholsale properties (single family homes ) and investor partnership in il
I have done it in the past also I have experience with renovations
Let me know if someone is interested
Mel
Post: Chicago Action Investors 2/27/16

Melsi BifshaPosted
- Vendor
- Chicago, IL
- Posts 137
- Votes 9
hello guys let me know where you guys are meeting next week
Mel
Post: Project BP 2/6/16

Melsi BifshaPosted
- Vendor
- Chicago, IL
- Posts 137
- Votes 9
Hello guys happy to join BP I leave in Chicago and I am very interseted of doing few fix and flipp single family homes I would like to join a group on Saturdays and Sunday's let me know Melsi