Additionally, if cooperation is required by law in the state, the agent may additionally be violating state law.

There is also space available for an additional 3 mobile homes.

In general, make sure you ALWAYS verify stable employment AND income.

You have to work more to get one.In addition, you don't need to bash the Carl's in order to make a point.

Additionally, for each existing and future Illinois investment property, I intend to:- Deed each property into separate Land Trusts.- Establish an Illinois LLC that will be taxed and will own the interests in the Land Trusts for my Illinois properties.- Set up a new management entity taxed as a C corporation, which can be fully owned by my revocable living trust.

This question has come up a few times with prospective clients recently, so I thought I'd shed some light on it.Generally, being an employee in a real estate business does not automatically qualify you for REPS unless you own at least 5% of the employer.

Build self-employment by leveraging real estate activities, staying financially prepared, and transitioning to business after generating cash flow.Good luck!

The trouble I keep finding with this is that I am self employed now, they probably will ask for 2 years of proof of income as a self/business owner, right? 

Scranton PA is a great spot to invest.Pros:- Low cost of buy-in / not much needed in comparison to other areas due to affordability in purchase price- High-Cap Rates- High Cash Flows- Stable market / continuing to appreciate- Beautiful revitalization of the downtown- Influx of jobs, employment opportunities - Plenty of renters- New Amtrak service coming- Surrounding neighborhoods are sought after, solid schools, "home team" mentality in most of the towns where people want to stayFor the Cons:- I can't think of any OVERALL cons that couldn't be avoided in working with the right team.

Quoted $5K in closing costs but ended up being $7k to pull $94K in equity out of home as a 2nd mortgage (additional cost was insurance). curious if the below info seems “normal”appreciate the feedback.