The contract with the wholesaler also expires on Monday the 27th, so I have my concerns about this just being a stall tactic to get out of the contract.

Your right on both points Samuel.  

This will cost you money on the back end.

The best strategy really depends on your goals, risk tolerance, and your market conditions.

I would get a couple of other opinions on the quotes that are coming in and what you are being charged.

Here is my Cliff Notes on this elaborate example:If you have unused losses from the past, they might significantly soften the tax blow from a profitable sale.I don't see how this is called "strategic play" or "premium lemonade."

Focus on LocationChicago’s rental market varies widely by neighborhood.

Quote from @Dave Chengoue: Quote from @Wale Lawal: @Dave ChengoueIt's great to see your focus on multifamily properties and your clear plan for self-management.

Hi Daniela, congrats on getting the deal done!

if i were to acquire these and have them be owner financed, I would want clear title and the other mortgage on this lot removed - especially if my loan has a balloon on it that matures prior to the existing loan, as how would to provide clear title?