If a newbie doesn't know how to do basic due diligence on an investment, they also don't know how to do due diligence on a coach or how to evaluate a coaching contract to understand exactly what the student will receive for their money.

@Craig Daniels -while I do agree with others that 30% down for $175/mo cashflow is not a good investment, I will present a slightly more positive response.

How did you find this deal and how did you negotiate it?

How should I stage it and should I get professional pics?

Purchase price: $240,000 Cash invested: $60,000 I purchased this duplex in distressed condition using owner financing for $240K and secured a $60K hard money loan for renovations.

My business partner and I just opened up our property managment company in the Chicago/Chicagoland area and it is not easy to do this the "right way".Honestly you can get yourself into some serious trouble if something happened with a tenant, an injury, anything and they sue and find out you don't have a license.

Private money and personal funds.

Hello I found a property that needs 100k in repairs and was wondering if I could get a loan for an uninhabitable house or should I do sellers financing and finance the repairs?

Interestingly, the premium for the single-family rental is about half that of the 4-unit property.I’ve owned rental properties for over 34 years, so I have a solid understanding of how premiums and coverages typically align with property values.

The law prevents excessive subdivision by restricting who can split and how often, ensuring that newly created parcels remain practical for development.