If the figure of $1200 is being floated on the listing it’s highly possible the current owner is locked in and grandfathered at this price and even if you get a policy with the same insurance company your policy will be significantly more expensive.

Hello all not sure if this is the right place to post this. but an opportunity fell in my lap.

I'm offended that nobody included me in in this conversation.

Does this sound like a good deal? 

.📌 Why This Strategy Works:Sellers lose leverage when a property has unresolved compliance issues.

That would probably be a good market for something like this.

This way it is a non-issue.

Establishing the LLC in IL first does not provide any additional benefits in this scenario.

I don't know if credit unions can ever do this stuff?

Now that demo is done and the site is cleared, it’s time to make sure this house is rock solid.