All Forum Posts by: Ryan Chorbagian
Ryan Chorbagian has started 6 posts and replied 15 times.
Post: Order of Operations for brand new investor looking to get going
- Investor
- Chicago, IL
- Posts 15
- Votes 3
Originally posted by @Rachel H.:
@Ryan Chorbagian If you decide to work with real estate agent on the buying end, they can help you with the process entirely. The hard part is finding a good agent to work with who understands your needs. Before you hire one, it's a good idea to know exactly what you're looking for (i.e. price range, real estate type, neighborhood, etc.) and what is most important to you in your search. Best of luck!
Thanks rachel. Yeah, this seems to be the consensus. Thanks for taking the time to reply. Much appreciated.
Post: Order of Operations for brand new investor looking to get going
- Investor
- Chicago, IL
- Posts 15
- Votes 3
Originally posted by @Patrick Bawer:
Ryan I am in the same boat except the wife and timeline is a little shorter by a couple of months. What part of town were you looking in?
Hi Patrick.
We're concentrating our search in and around Humboldt Park, up the avenue to Logan. Also keeping an eye on Noble Square, maybe as high up as Avondale and Andersonville but thats a bit north of where we'd like to be.
Where are you looking?
Post: Order of Operations for brand new investor looking to get going
- Investor
- Chicago, IL
- Posts 15
- Votes 3
Hello everyone.
Aside from my introduction, this is my first forum post. My question is about the right order of operations for starting out. I realize this will vary from situation to situation. Looking for generalities at this point.
Quick note about me; my wife and I are renters in Chicago. The lease is up in July '15. We are looking to buy a duplex, triplex, or fourplex to live in and rent the other units. Interested in the FHA and 203k loan. We have about $15,000 cash to invest.
Simply put, when do we:
-Apply for the loan
-Start working with a buying agent
-Start seriously looking at properties
-Talk to lenders
-Anything I've forgotten
etc...
I've read the BP beginner's guide and have been reaching out to folks on this website which has been great. But now I find myself looking through different listing websites, not really sure what to do next. I hate to say it, but I already feel stagnant. Ready to MOVE!
Thanks for reading!
Post: Brand new investor from Chicago, IL.
- Investor
- Chicago, IL
- Posts 15
- Votes 3
Post: Brand new investor from Chicago, IL.
- Investor
- Chicago, IL
- Posts 15
- Votes 3
I am in my mid-30s and looking to start in real estate investment. I'm here to learn anything and everything I can devour about the business. I'm still trying to figure out what questions to ask. Very happy to have stumbled across this site. Very willing to learn and to help where I can.
I have no real estate experience but I do have many many years of experience in various trades including home renovations and finish work.
I am looking to get started with approximately 15-20k as an initial investment and go from there. I have event-based goals set for myself and hope to find the help here to make them happen.
Thanks for reading....looking forward to working together.