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2 Replies Last post: Mar 21, 2009 9:10 AM by bmt2008

Real Estate Financing, Please Help

Mar 19, 2009 12:49 AM

Click to view AAARentalProp's profile Start-up AAARentalProp 1 posts since
Mar 19, 2009

I am looking for financing to expand my real estate business AAA Rental Properties LLC. The company owns 4 properties in a very good location of Chicago suburb called Schaumburg which generates a rental review of $62,400 yearly with Net of $14,000. In 2008-2009 the company bought another 2 properties for $90,000 each and sold them for $140,000 each making another $60,000 Net. I am looking to expand on this and buy about 5-6 properties alone this year ranging from $60,000 - $70,000 and sell them around $130,000 - $140,000 making on an average of $40,000 per property. I am not able to get conventional loan before of new Freddie Mac restriction of maximum 4 investment properties.


I have a capitol of $90,000 in hand but need more money to buy 2 properties at a time and put more money for fixing them up. I need some finance. Please help.


I can provide all details like

1) Rental income proof,

2) Two properties that I rehab buying and selling statement

3) Capitol funds

4) Personal Credit Guaranty

5) Etc


Email: aghahali@hotmail.com

Ph: 224-628-1417

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Click to view LUCKIEST's profile SCORE LUCKIEST 7,935 posts since
Aug 6, 2007
1. Re: Real Estate Financing, Please Help Mar 19, 2009 6:29 AM
Real Estate Financing, Welcome

We love Chicago. Will give you a call. I know your phone number, BUT not your name.
Click to view bmt2008's profile Mogul bmt2008 305 posts since
Jul 30, 2008
2. Re: Real Estate Financing, Please Help Mar 21, 2009 9:10 AM
We can help - just go to our website - www.businessmoneytoday.com - Or, search "Business Money Today" in your favorite search engine.

Business Money Today