The area isn't too bad and it's next to the University of Chicago so I'm thinking it could be a good start.Thoughts?

Mold, rot, electrical, bad floor plan all can be fixed fairly quickly.

Without looking deeper into numbers ( purchase price, ARV, potential expenses, cash on cash...) it's hard to see if the deal is worth the hassle.If this is your first deal as an investor I would say this is really bad and to complex project to take since you do not have to much experience.

I have been told it is considered so bad, return of commission is on the table.

Has good areas but also a lot of really bad areas.

This causes the borrower to pay compounded interest as their extra principal that month is not working for them this month and "sits," in queue to be recalcuated on the 1st of the next month.This is not to say its bad or good because some people only get paid 1-2 times per month and have no extra cash flow coming in and dont have a lot of free cashflow at the end of the month so this might be the best strategy for their particular scenario.To best maximize HELOC pay check parking or AIO daily sweep function a borrower that Im looking for is either:- making a lot more than they spend per month like 1.25 - 2.0X income to expenses of the take home pay or more- or has a lot of flows like mentioned above - or combination of the above to super charge it

I mostly need guidance on deals and tactics as my current tactics are pretty barbaric, I can power through any bad deal with my income from my full time job.I hope I introduced myself properly, I am open to any and all suggestions.Thanks,

I know the point of a LLC is to protect your personal assets and therefore it is usually recommended not to include your name, use a PO box, etc., when creating the entity. My argument is that if a person wants to fin...

We used a private lender to buy the other house  because we have bad credit.

I’ve gutted the house and painted two coats of kilz, the house still smells really bad.