I just closed on my first property here in Chicago (Roger's Park neighborhood) a few months ago.

Hard money and private money for your deals, the key to any RE investment deal is how much money you will make after all is said and done and uncle Sam gets his cut.

My grandparents, I believe, want to split this house between my dad and my uncle (when the time comes).

Originally posted by @Roger Evans:@Mathew Fuentes Everything you mentioned sounds good, how’s the kitchen?

Is the seller you long lost uncle or does he have dementia?

People get wealthy investing in real estate in every market and you are going to pay uncle sam one way or another. 

I bought it from an uncle in early 2016 for 104K and it rents presently for 1275/month (the rents are undervalued but I have a resourceful tenant who does a lot of property repairs an upkeep on the property without charging me).The time has come for us to purchase our second rental.

@Jack B.My uncle always says, “noone will care more about your money than you.”Thanks for sharing your knowledge.

The contractor wants to use his uncle's construction company LLC located in US to be the contractor and he becomes the subcontractor under that LLC. 

Yes...Roger Sample