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All Forum Posts by: Shelly F.

Shelly F. has started 50 posts and replied 155 times.

Post: July Winnebago Investor Network (WIN) Dinner Meetup

Shelly F.Posted
  • Realtor
  • NW Suburbs of Chicago, IL
  • Posts 156
  • Votes 62

Won't make it tonight but definitely looking forward to next month's meeting!! :)

Post: *Warning. scammer private money lender out of Orlando,Fl

Shelly F.Posted
  • Realtor
  • NW Suburbs of Chicago, IL
  • Posts 156
  • Votes 62

I'm beginning my search for HML in Illinois, so I appreciate you sharing this @Alicia Lee-Hawkins@Jay Hinrichs' wisdom is spot on again of course! :)

Post: Can you use an unsecured personal line of credit to invest?

Shelly F.Posted
  • Realtor
  • NW Suburbs of Chicago, IL
  • Posts 156
  • Votes 62

Great thread guys thank you! I've suffered from analysis paralysis far too long and now I'm ready to jump! I've got a solid W2 income, I'm a newly licensed RE agent, and decent credit with not much to put down. Been trying to solve this puzzle so I can jump in sooner rather than later... Thank you for the info and advice here!

Post: Business Line Of Credit

Shelly F.Posted
  • Realtor
  • NW Suburbs of Chicago, IL
  • Posts 156
  • Votes 62

OK @Account Closed...what do you recommend for a newbie with little cash, good credit and a solid W2 income...(who's also a new licensed realtor... :) ). I'm trying to figure out the funding portion of getting my first deal, interested in your thoughts...?

Post: What should I do with my real estate license?

Shelly F.Posted
  • Realtor
  • NW Suburbs of Chicago, IL
  • Posts 156
  • Votes 62

Great info @Account Closed! As a brand new realtor myself with the ultimate goal of investing (sooner rather than later!), it's been interesting trying to "find my way"...I feel like I need a local realtor/mentor investor to help "show me the ropes", but after reaching out some, I'm not finding a great response...something I'm doing wrong? Or maybe they just don't have the time? I am super eager to get started and buy my first deal, but now that I have my license, want to make sure I move forward the right way....sure would like someone to hold my hand a little for at least the first couple of deals.... :) Wish me luck and keep the great advise coming!!!

Post: Question about Approaching Banks for you Experienced Investors!

Shelly F.Posted
  • Realtor
  • NW Suburbs of Chicago, IL
  • Posts 156
  • Votes 62

Thank you @Account Closed, appreciate the wisdom and your willingness to share! :)

Post: Kitchener - Waterloo, Ontario

Shelly F.Posted
  • Realtor
  • NW Suburbs of Chicago, IL
  • Posts 156
  • Votes 62

Great thread! I'm a transplant, Chicago-area  now but born and raised in London, Ontario!! :)

Went to Western, love to partner on a student housing deal in London or KW!

Post: Question about Approaching Banks for you Experienced Investors!

Shelly F.Posted
  • Realtor
  • NW Suburbs of Chicago, IL
  • Posts 156
  • Votes 62

I am a brand new pre-investor (haven't done a deal yet!) and I'm getting ready to get my financing lined up. How do you recommend I approach the local community banks in my area? Intro Letter? Appointment? And then since I don't have a deal yet, but just want to line things up and I am NEW, what is the best way to present myself in the most appealing way (on paper)? Resume? Business plan?

Just want to proactively connect and show that I am professional, planned and thought out... :)

Thanks for your advice and wisdom!!

Post: In need of a partner for down payment on a 12 plex

Shelly F.Posted
  • Realtor
  • NW Suburbs of Chicago, IL
  • Posts 156
  • Votes 62

I love BP for THIS very reason! Education and connection on-demand! Love this community! :)

Post: Building my investment team

Shelly F.Posted
  • Realtor
  • NW Suburbs of Chicago, IL
  • Posts 156
  • Votes 62
I too am looking to build my team! I'm in the NW suburbs of Chicago...
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