Affordable housing, which means Fed funds, is a very tricky type of development for everyone involved.

With over an estimated $300 billion of extremely delinquent debt yet to be liquidated to the secondary market, there is a a lot of opportunity to reposition these loans, keep folks in their homes and make a very nice profit for all involved. 

Just ignore them.No one can deny how pointless it is to be on a wholesaling forum—designed to teach, educate, encourage, and support you—only to respond to a genuine cry for help with negativity or by telling someone to give up.

Also, multi-unit sales involve more legal and financial nuances than single family homes so it will be in your best interests to work with an agent.

If it's a layered LLC, most lenders will need to trace a warm body on the operating agreement which will involve a bit more paperwork trail.

@Jaskanwal Preet Singh ChhabraRefinancing a converted property for coliving involves appraisal, loan types, interest rate reduction, and careful planning.

Hi Alex - There is a different things to consider when involving international investors.

The biggest issue is most of these "gurus" that get new wholesalers involved teach them to be deceptive when they approach realtors. 

So, as Kristine pointed out, it’s crucial that people are made aware of the risks involved.

From what I've read, some electric providers might not charge for the new service upgrade itself, but adding the meters, connecting the upgraded service and adding/updating panels would require an electrician, which would incur costs.If anyone has experience with this type of electrical service upgrade, particularly in Chicago, I would appreciate your advice and any information on costs and the process involved.