There's a LOT to take in when you're getting started. 

There's a LOT to take in when you're getting started.

There's a LOT to take in when you're getting started.

There's a LOT to take in when you're getting started.

I know it’s a lot to ask, just trying to figure out my options.

Knowing that your experience has been one worth telling others about means a lot to me and our incredible team that works so hard to make it happen.  

I have a lot to learn about the rental markets in the burbs, and I'm digging in and soaking up as much information as possible.2) I'm interested in finding a local bank that I can deeply partner with, enabling us to leverage our assets to acquire distressed properties and renovate them for all cash, followed by a cash out refi after seasoning.I plan to do the first two or three BRRRR deals myself, and then bring in limited partners to accelerate the process.If anyone needs help understanding the neighborhoods in Chicago that are north of downtown, I'm happy to help.

Lots of details here to consider so when you say how would I draft this up - there is a lot to consider but my thoughts:Rent = 1200/month3 yr option to purchase = $240,000not sure what state you are in but propose to handle everything (maintenance, repairs, etc and if that is not legal/possible you could do a Land contract or contract for deed with a  minor risk since he has an underlying mortgage).feel free to reach out and schedule a  call. seems like you have a fascinating one. 

Fear does a lot to stop us!

There's a lot to cover here but I'll do my best to give a general overview of each loan type.