It's not a mystery that the intention was to essentially stop wholesaling.

If my client can purchase and rehab for less than that, essentially they get 100% financing, if not, they need to bring cash to close.

Essentially, buying a house for $50,000 - $60,000 and then doing another $20,000 - $30,000 in cosmetic renovation.

Jason is essentially the Rex Kwon Do of real estate negotiating.Honestly, you can get 10x the negotiating education by spending an hour on John Martinez's YouTube, BiggerPockets or any number of $20 books.

Is it legal in IL to double-close and essentially wholesale without a REA license?

But, just be sure to keep your personal investment goals in mind...because ultimately a lender does not get paid unless they, essentially, help you acquire a loan.Honestly...personally, depending on exactly where my investors are in their investment journeys...I typically recommend exploring the financing route.

The borrower was overqualified, the property was cash flow positive, I approached a local lender and due to the strength of property and borrower they provided essentially conventional terms of 25% down on a 25 year amortization where as other investors could only consider the transaction as cash. 

When creating a list, you are essentially filtering homeowners based on who might seem most likely to sell.You can check your local county records site for properties with delinquent taxes, probate cases, or foreclosure filings

It helps you find reliable property management partnerships and gives you everything you need to make confident hiring decisions:Expert Matching: Match with professionals who meet your criteriaExtra Assurance: Licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets membersBonus Content: Receive an essential interactive workbook: “How to Interview Property Management Companies

When you fix everything like hvac and other essentials at the beginning of the purchase, you give yourself a few years without significant rehab.