All Forum Posts by: Michael Barbari

@Alex Sanchez Welcome to BP! @Account Closed and I have a meetup in Downers Grove not too far from you. We'll be starting back up in October. You can join our group at meetup.com - Dupage County Real Estate Investors Meetup. Hopefully we'll see you next month.

@Douglass Benson That's great. How many properties total for the 81 units? What processes do you have in place that have helped?

@Catherine Brennan First Midwest Bank. Where I work. You can contact me for details.

@Cesar Lopez Smaller banks can def help. My bank if you were in Chicago and get you a heloc at 75% right after closing for free. Call around.

@Chris T. I'm in Downers as well would be interested in meeting up. Keep in touch.

@Manuel Savorelli Every bank has different underwriting. My bank would give you 75% of rents the day after you sign the leases for a new property. After the first year they would take whatever you claim on your taxes. Look for a smaller bank.

@Account Closed Do tell! You can save someone money.

@Kelli Huang Look up asset based residential lending in your area. Make sure if you find a company that does it, you look up reviews and research them before going with them.

34 married with one 2 year old with more to come hopefully. I would say no. Definitely not enough with the uncertain future that lies ahead of us.

@Nino Alfano