Please consider this if you move forward.Additionally, you need to have a broker on payroll in illinois and three separate bank accounts with the security deposit trust account located in illinois.

How much extra security deposit and rent increase is appropriate?

Fast forward to the end of today and we still haven't received a signed document, so my agent had to send over a letter of termination to protect my deposit. 

It's my understanding the Gator Method consists of providing short term loans to cover other investor's earnest money deposits.

You can also just work with a lender that does not season and source deposits and that will pretty much clear up your situation. 

Sometimes the quotes I received were much higher than what I found on my own   Why should they keep the security deposit?  

Bathroom:Demo & Prep ($750):DIY toilet, vanity, and flooring removal.Professional plumber for plumbing adjustments.Toilet ($250):Standard, efficient model.Vanity & Sink ($900):A modest-sized vanity and sink combo.Flooring ($500):Wall Tile (Shower/Tub Area) ($1,000):Basic ceramic tile for the shower/tub surround.Shower/Bath Fixtures ($250):Update showerhead and faucet.Lighting & Paint ($250):DIY painting.Update light fixtures.Permits & Contingency ($3,000)Total rehab cost: $30,500Amount Needed: $30,500ROI: 45% of $30,500Investment Duration: 30days Profit: $13,725Total payout in 50days: $44,225EMD: The buyer has put down a 20% earnest money deposit based on the property’s ARV and they are all set to complete the purchase as soon as the rehab is done.To find out more about our Joint Venture projects, please visit our website: http://strandparkproperties.comWe're able to guarantee the return on investment (ROI) by finding buyers for the properties before listing them on our website for possible joint venture fix and flip.

If and when I find out that the treasurer's office received money through someone else, whether through redemption or by selling the lien at the February 2026 tax lien sale, my strategy is to send the original certificate back to the treasurer and, when I receive the redemption money, mobile deposit that check into one of my bank accounts.For the other 46, I fully expect 40 to 45 of them to be redeemed before foreclosure.

Loan Costs, Deposits, and Escrows: Origination fees, application fees, third party reports, legal, insurance review, title & escrow, rate caps (floating rate loans), due diligence deposit, rate lock deposit, standard escrows, etc.6.

Move out was conducted and security deposit returned.