As Sean Wagner mentioned, the city of Chicago has adopted their own regulations on charging what's commonly referred to as a "security deposit" you need to do it another way. 

Borrowers can acquire a primary residence from up to 1-4 units for as low as 5% with conventional, as the regulation was approved last year of November 2023.

Programs that market themselves as shortcuts often cannot replace the depth of understanding that comes from study, experience, and engagement with the legal framework surrounding real estate.Consider taking time to familiarize yourself with local laws and regulations.

Where Were the Regulators?

Almost every developed nation has bitcoin regulations.

I’m curious—how are you all navigating the current lending environment for your real estate deals?

Naturally, she wants to be in a more comfortable environment to welcome our son into the world.However, there’s a legal hurdle.

Understand the basics of private lendingResearch real estate marketsDetermine your investment strategy and criteria for loans, including:- Amounts- Interest rates- Repayment termsCreate legal documents with a lawyerNetwork with real estate professionalsPerform due diligence on potential borrowers and their projectsBegin with smaller loans to gain experienceMonitor your investments closelyConsider joining a private lending group for additional resourcesStay informed about real estate trends, lending practices, and legal regulations

Hi Guys hope your having a wonderful day im looking to Work for someone willing to teach i know alot already but You tube dont mean Squat i need hands on Experience with someone with Wisdom in this industry that can help me get my feet wet in a controlled environment and i think working for people that are already doing big things in real estate will help more than just going on your own Iron sharpens iron.

I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).