All Forum Posts by: Obdia Whitmore

Hello everyone! 

For the last 5 to 6 months i've been cleaning up my credit. my scores range from the middle 700 to low 800. The problem is, now I got my credit together I'm trying to figure out a way to use it "creatively". I'm a little unsure what step to take next to build a portfolio. Need some advice! 

Hi BP family, 

I have a question. Do hard money lenders want 20 to 25% down on the purchase price or 20 to 25% down on purchase price and rehab Money?

Hi everyone, 

For the last couple of days I've been looking into trying to purchase tax deed properties. Is their anyone from Chicago familiar with this process? 

Ho Jerry, 

What are the qualifications for investors loans? 

Hi everyone! 

I am in need of a good real estate attorney to help me put my apartment building in a L.L.C. can anybody recommend a attorney that can assist me with this matter? 

I want to switch my 3 unit apartment buildinging to my L.L.C. I was wondering if anyone could recommend an attorney to assist me with the transfer? 

Hi fellow investors. I was wondering if using the subject-to method would be a good way to purchase multifamily properties? I always see people using that method with single family homes. If so, is their a forum on how to do it?

If this is you first purchase try house hacking. Their are so many first time home buyer programs out here. You also have government grants to help with down payment. I used this method for my first investment property, which was a 3 unit. You would have to live in the property for a few years but it works! According to my lender your credit score has to be at least a 640. If I were you I would talk to a mortgage broker or you local bank to see where you stand. Good luck! 

Hi everyone! 

I am a buy and hold investor from Chicago. I was wondering how do you find multifamily investors that are willing to do owner financing? 

Hi Neil, I'm a buy and hold investor on the south side of Chicago. It would be a pleasure to chat to see if we could partner on some deals together.