Because of your loan size, I would advise to buy the rate down using up to 2 points as those usually have the quickest ROI for the payment savings and you will not see rates drop low enough probably to do a refinance that makes since as it would take longer to recoup the cost of the refinance.HomeStyle Renovation loan does require all work be done by a GC so you cannot help with the repairs. 

Nothing wrong with a Wyoming LLC (although I will argue it's not necessary) but its emphasized over all else and that's causing real harm in how many are operating their businesses. 

@Mark Ainley and his team are great here.Hey @Timothy Galligan - I have several properties here in Chicago that are on section 8 and I can by far tell you the most important is having the right property manager who can vet tenants properly and knows the in's and out's of all the different programs.If you are interested in Chicago happy to make some connections for you!

But thats all it is - amazing on paper.

Hello all,I have a zoning question here.

After all, you have to live somewhere. 

. 🎉 I’m still finalizing things with my lender, but before I move forward, I want to be 100% sure I’m covering all the key steps.Here’s the checklist I’ve put together so far:Home inspection – to catch any hidden issues.Appraisal – to confirm the property’s value matches the offer.Financing contingency – securing my loan approval without surprises.Title search – ensuring there are no liens or legal issues.Seller disclosures – reviewing any known problems upfront.Neighborhood research – making sure the area fits my investment goals.Are there any crucial steps I’m missing or anything you think I should focus on more?

I don't know about you but I don't want to invest money where I'm treated second class, with all the consequences that go with that.

I just want help or advice on building it from the ground up and not getting overwhelmed by all the options at once and take baby steps towards the bigger picture.

What I mean is, the payments made to the seller, is the total payments consisting of principle/interest, property taxes and mortgage insurance all wrapped into 1 payment and made to the seller?