Office space is pretty plain and uneventful, but any in fill may be a problem if you are short on cash.IMO, the fact that you asked the question is very good, you're thinking, but if you had to ask it's probably something you don't want to try as commercial is another world from residential and financing would likely be harder if the lender thinks you need rents to swing the deal.

The terms aren't as great as you get under your personal name, but to say it can't be done is just plain wrong.

Here's an example with plain numbers.Purchase Price(Your price with seller) - 90KAssignment price(Your price with the end buyer) - 100KYour buyer brings 100K to the closing table.  

Can a plain LLC have two owners?

Jetur,Mike Foster of Mike Foster expert advisors has helped me on a few properties and found my last deal.He's in white plains but is all over southern Maryland.

We found the house of our dreams in Morris Plains but can't get approved for a mortgage.  

What they referred to was plain asset appreciation.

It's not in DuPage but an agent I spoke with said that Des Plaines is supposed to be a good area to own rental properties.

Sounds like you have someone doing this for you which is fine.Also flood plains can be an issue in the future with insurance.If you have it narrowed down to a few houses look at the Register of Deeds site for mortgages, leins, deeds of distribution etc.If you don't win the bid at auction try and contact the owner and see if they are pLanning to redeem property or not.

There is just plainly too little inventory.