With your maintenance and construction background, you'll definitely have a leg up in creating value, whether you go with a smaller home or a multi-unit property.If you're exploring seller financing and deal structuring, connecting with experienced investors here in Chicago will be a game changer.

Additionally, an LLC can make it easier to separate personal and business finances, simplifying tax filings.Quick Tip: Work with a tax advisor to determine whether an LLC is the right structure for your investments.4.

Zach called me and told me they were changing my loan because they were going to consider my loan a “new construction” as oppose to an existing structure rehab or even complex rehab (considerations I’ve experience with other lenders).

I would like to learn more about analyzing realestate deals, learning more about finding investors, structuring opportunites for other and myself to invest into.Does anyone have any sugguestions on books to read, or people that I can talk to regarding some of these topics?

If you’re set on condos, ensure you’re targeting areas with strong rental demand and minimal HOA restrictions.Regarding an LLC, it’s great for liability protection, but it won’t necessarily give you tax benefits unless structured strategically.

Typically with houses of this age - you'll need structural folks to dig and install piers into the soil.

With the right structure, we can fund 100% of the renovations.

Therefore, unlikely to be a guru...or even worthy mentor of any. 2) Don't quote, but within the first 10 seconds or 1 minute of the webinar I could have sworn him say he only has or has "only" made $1.2Million of his own money. 3) If since he as a wholesaler (one of his dozen professed niches) has all this software, which can identify motivated sellers, has a network of buyers, has so many structures and systems in place, then what in the world would he need us for.

Consider structuring your investment through an LLC for liability protection and tax flexibility.This post does not create a CPA-Client relationship.

I would like to know more about ways to use OPM  The only way to determine if the home is going to cost you a lot down the road is by determining the age of the mechanical systems & if the structure of the home is sound.