Hi Lysa T. there is a monthly meetup in Orland Park the first Tuesday of the month.

from what I understand I can;t finance a loan in an LLC unless I personally back it.

Can you afford to buy and hold?

Nice meeting you as well@Linval T.

I doubt we could afford to buy back into the market, so that's off-limits.  

Does anyone have a referral to an excellent, reliable property management company that is more affordable than the one I am currently with?

Also, since your current house will not already be rented, so you would be qualified on the basis of being able to afford both the houses and the requirement of having enough cash reserves.So, as long as you do occupy the new house in a timely manner then it should be all good.

Info I received;3bed 1.5 bath744 square feet - 1 acre of landBlock home built in 1938Minor repairs(I'll take pics upon viewing) but has all new windows and roof is 9 years old.Motivated to sell because of relocating and can't afford double payments.

Loans can be processed from the Solo 401k at 50% of the account balance but cannot exceed $50,000.Also, Roth 401k contributions are allowable regardless of income level, thereby affording taxpayers, who would not otherwise be eligible, to take advantage of the Roth component.

Can she afford the rent?