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Bank owned or otherwise distressed properties in DuPage, Kane, Will and Cook counties. We have developed relationships with experienced agents and other mechanisms for finding properties that fit our profile. |
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Commercial lenders that provide acquisition funding, understand the process, and close hundreds of these regularly. |
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Experienced team that can estimate “as is” and “after improved” value, rehab work needed and rehab budget and submit and negotiate purchase offers and contracts. |
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Rehab teams that are economical and fast. Due to the volume of houses and the ability to buy and rehab in bulk, you cannot beat the cost or timing of the rehab teams. They are also experienced in remodeling to Section 8 HUD standards |
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Leasing departments that can have the property rented (including Section 8) usually within 28 days or less from completion of rehab (at a minimal cost of one month’s rental fee). |
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Contacts with management companies to manage the properties during your short term of ownership. |
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Contacts with legal representatives to form the ownership LLC and relevant operating agreements, obtain tax ID numbers from the IRS, handle closings, arrange for the refinances. |
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Survey companies to provide quick economical surveys if needed. |
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Insurance agents who are experienced in writing and providing rehab and rental property insurance for these types of properties on a quick, economical basis. |
