Hard money loans for the acquisition and renovation of residential and commercial investment property allow many real estate investors to move quickly with fewer lender restrictions in a competitive market. These loans also provide an alternate source of funds for investors who cannot qualify for traditional loans or for those who concentrate on projects that are difficult to get funded through conventional sources of financing.Read More
Getting into the real estate business to fix up or rehab and flip property sounds great on so many levels. It can be a good way to make a living if you are successful and do it full time, a way to generate extra income outside of your 9-5, or just fun hobby if you have extra time, money and know-how.Read More
2628 N Central Park Ave, Chicago, IL 60647
This property was purchased by an investor/builder in January 2011 and resold in May 2012. The property was initially repossessed by the bank through judicial sale foreclosure then resold on the open market in 'as is' condition.Read More
2436 W Eastwood Ave, Chicago, IL 60625
This property was purchased by an investor/builder in August 2011 and resold in August 2012. The property had fallen into disrepair and the previous owner sold at or near recent lows in the market.Read More
3722 W Sunnyside Ave, Chicago, IL.
Bank owned property picked up by an investor in late 2011 and resold in July 2012. A nine month hold time between purchase and resell can kill a profit margin but looks like this group had a healthy gross profit margin to work with.Read More
3326 N Troy St, Chicago, IL.
Great vision by this investor. They put out a great product that resold quickly. Single family rehabs are selling at a fast clip in the north and north center Chicago neighborhoods in 2012.Read More