Its a guess as to what an appraiser might find and that makes estimating a value a guessing game, too.

However, jumping into a rehab without having the knowledge and expertise is a dangerous game.

The name of the game is efficiency. 

Hi everyone,My neighbor whom I've known since I was 7 years old recently went into assisted living and Medicaid will be kicking in.  She has offered to sell me her property for $50,000.  The current market value is ri...

Donate your time and volunteer for your birthday.Oktoberfest in New Ulm.Timberwolves pre-season game.

You will gain a TON of knowledge and who knows - maybe you'll even find a partner or two.Knowing that there is a resource available to me that offers advice on pretty much any REI question has been a huge benefit to me and my business.Investing in multifamily properties by using as little of my own money as possible is my game.

You will gain a TON of knowledge and who knows - maybe you'll even find a partner or two.Knowing that there is a resource available to me that offers advice on pretty much any REI question has been a huge benefit to me and my business.Investing in multifamily properties by using as little of my own money as possible is my game.

Therefore, a person who provides assistance on a real estate transaction to a friend or relative, without compensation, does not need a license" at  http://www.idfpr.com/faq/dpr/realestatefaqs.pdf which is why I was thinking of including it.As my compensation from this transaction would solely be coming from the sale of the trust to the end tenant buyer, I presumed that I would be able to avoid the license.Thank you again for your time and comments, My goal is to get feedback from people who do this on a successful basis so that I can put myself in a position to mimic their success.Cheers,Rob  http://www.ilga.gov/legislation/ilcs/ilcs3.asp?

You will gain a TON of knowledge and who knows - maybe you'll even find a partner or two.Knowing that there is a resource available to me that offers advice on pretty much any REI question has been a huge benefit to me and my business.Investing in multifamily properties by using as little of my own money as possible is my game.

They are not in the game to lose money on lose appraisal.