Case Study: Graham Court, Ingleside, IL 60041
1) Text Strategy – MLS Failed Listing 2) Texed them on Wednesday, January 27, 2021 1:12 PM Your agent failed to come through? Your House sat way too long and you didn’t get the price you wanted? WE PAY FULL PRICE! Do you have time to chat later? -Frank […]
Case Study: Fox Lake Illinois & Antioch, Illinois
4) Phone conversation got started by the seller calling us back immediately. I asked a series of qualification questions then set up a time to meet the seller later the same day at the East Ave house pictured here 5) After meeting the seller at the East Ave house he was only interested in a […]
Subject To Mortgage Sale
What is a “Subject to” sale on a home? Simply put buying “subject to” means buying a home subject to the existing mortgage. It means the seller is not paying off the existing mortgage and the buyer is taking over the payments. The unpaid balance of the existing mortgage is then calculated as part of the buyer’s […]
Case Study: How I Turned Articles of Agreement for Deed (owner financing) converted into a BRRR Property Rental for a 15% cash on cash return. Lake House in Antioch, IL
What is a Articles of Agreement for Deed? Also known as a “Land Contract” or “Contract for Deed” in some states. An AAD is an agreement between a home buyer, under which the buyer agrees to pay to the home seller the purchase price (plus and agreed upon interest rate) in installments over a set […]
Case Study: Fix & Flip – Pistakee Dr, McHenry IL
3 Bedroom 1 Bath 1080 sqft Ranch with Detached 2.5 Garage Flip Details Purchased on:01/17/20 Purchased From:MLS Major Changes: Tile Flooring, Interior paint, New Kitchen Cabinets, New Appliances, Granite counter tops, Bathroom gut / remodel, Garage Siding, New Exterior doors, New interior doors. Work Complete Target:03/01/20Purchased For:$80,000Estimated Carrying & Selling Costs:$TBD Estimated Repair Costs:$22,500 ARV – […]
Case Study: Articles of Agreement for Deed. Antioch, IL
What is a Articles of Agreement for Deed? Also known as a “Land Contract” or “Contract for Deed” in some states. An AAD is an agreement between a home buyer, under which the buyer agrees to pay to the home seller the purchase price (plus and agreed upon interest rate) in installments over a set […]
Case Study: Buy & Hold Maple St Antioch, IL
BRRRR – Buy, Rehab, Rent, Refinance, Repeat This post is going to be a little bit long—but I want to give you a real life case study of a deal I recently did—and show exactly how I made $40,000 on this investment. For those reading this and are unaware, BRRRR is an acronym for: Buy, […]