You’ll also pay transaction fees disposing the asset, likely in the $40k+ range.I don’t think you have a clear-cut answer here, but you’ll need to rack up all the financial trade-offs to make an informed decision.

I imagine you may be in for a surprise here in IL with how real estate is transacted.

These platforms do not get involved in the transaction beyond the connection, and so any liquidity options and investor may have are simply what that sponsor has or has not offered in that individual fund/deal.

They are pretty easy to do transactions with.

Obviously in a creative transaction there is extra appeal but even without the creative aspect it seems like a primo option - am I missing something?

At the end of the day, the sellers looking to transact in creative finance transactions are normally the owners of real estate that cannot sell easily in an arms length transaction or are gouging  the buyer on price.

The general reason (avoiding any personal thoughts on wholesaling as a business) is that when you have a license, any fee you get for transacting or assisting in real estate must go through your brokerage and they must take their percentage.

However, the MLS can do much more than that.You can ask your real estate agent for a list of all-cash transactions over the last 90 days.

It’s really good to have a set of eyes (you and/or a bookkeeper) to make sure each transaction is going to the right LLC and/or property and is accounted for properly.

New to real estate with a few transactions under my belt.