Large syndication company, higher fees than most other syndicators.

(I know, nothing is certain but just hypothetically) and all cash out loans are not created equal. if you have a lot of equity you can borrow up to 60% with the lowest rate possible, which would be close to a half point lower then borrowing up to 75% loan to value. 

R 10 and R 15 are scooped up by developers quickly .

I would sell that property in IL and chalk it up to a learning experience.

Post your questions on here, most experienced investors are happy to help.

This will create your new basis.From an operational perspective, you might want to touch up a few things on the place to make it more rentable. 

While most of the people are pretty good and probably have a thankless job, there are definitely some with the good ole boy network and very political. 

That is not typically disclosed up front. 

JimGo to the city’s assessor’s website and look up the property record.  

Since graduating in 2021, I moved to Washington, DC to pursue a civil engineering career and am now feeling like I am in more of a position to start learning and pursuing real estate investing seriously.