All Forum Posts by: Michael Barbari

@Tevell Williams 

I just passed my test on the first try in October. I agree with @Jared Rogers on some college tests being harder. Just focus on the concepts of each topic and not so much memorizing vocabulary words. Relate every subject to a real life situation and it will stick with you better. I'm here to help if you need anything. Examsmart.com helped me study. Its a 3 month program where you can take as many practice tests as you want. You get the answer and an explanation after each question. I think its $50. It follows the same wording they use on the actual exam. Good luck!

@Kevin Reid 

 I was thinking the same when I bought my first duplex this past April. I figured If I have 2 tenants and 1 leaves, I can still easily pay the mortgage. But if I have a single family and they leave, that's a hell of alot more money coming out of pocket. Although it costs more, the risk is lower in my opinion of having a completely vacant property. Good luck!

Does anyone know of any good contractors for homebuilding in IL? Thanks.

Come on BP. Nobody knows a homebuilder?

Downers Grove area

Please provide recommendations. This is for a personal future project of mine. Thanks.

@Crystal Smith 

 Are you set on buying or have you thought about leasing?

@Joshua D. 

Sounds great. Sometimes it's just worth someone else doing the work.

@Peter Skobic 

That is not standard. I can do helocs a week after closing if purchased cash. Every bank is different. Keep shopping around.

@Kalyb Coats 

I would purchase a cashflowing 4 unit or higher with the help of some of the asset based lenders we have at BP if income is an issue.