Illinois has one of the highest closing costs in the nation after taxes are factored in.

Not to mention since they are already going through Chapter 13 BK that means they already have multitude of payments on numerous assets in which they’re behind on, so relieving them of a monthly mortgage may be a huge weight lifted off their shoulders.

No big, national, publicly traded banks will do this loan type.

I have a lot of friends from college that rave about them, and I've been considering purchasing 2 townhomes in the $400k range (one as a principal residence while househacking, the other as purely a rental property); however, a good majority of the townhomes I've seen listed have had numerous price reductions, with some having an asking price nearly $100k lower than their original asking price!

@Russell Brazil The home is less than a mile from Topgolf and the National Harbor.

The cash flow (NOI) is just the numerator in the equation, you have to finish the math.As far as the time to payoff the property, this is generally measured by calculating the Gross Rent Multiplier.

You might also check out RealProtect.com (insurance partner from National REIA) and APIAProtects.com  ( I have used APIA, which was a good product)

If everyone on BP sent me a buck, it would just be a tax problem I don't need. 3rd page of a good thread with an intelligent title that is different, that means more folks will probably read it and respond, so, here it goes.I don't know of any war between nations that started over building cars or any widget, many have started over land disputes or territories.

She washes all sheets and towels and makes beds.We have 5 beds in our 2 story 3 bed, 2 bath, 1700 st lake house.She also takes all the trash as we don't have trash pickup.Have had numerous people say how clean the house is.I just text her when I need house cleaned.If you pay a service you minimize your risk while paying for all the overhead.I got lucky finding a responsible person who does a great job for a great price.

There are numerous articles on this site that discuss the differences.