Give Mexicans wine grapes and they break all the rules that European wines place on their grapes- mixing certain wines is prohibited in Europe, but in Mexico it’s an opportunity for creativity.

I just want to have all information down before going through with this. 

always love seeing others getting into the RE game early in life. i used to be a die-hard index fund investor & have since moved all my $$ into RE. you just seriously can not compare the two. wealth can be built SO MUCH FASTER in RE vs in the stock market. would love to connect and see how i can help you!

While we knew that all hard money lenders are not created equal, and some could be good….we knew from our own experience that using hard money could cause a deal to fall apart by making the process less seamless than we needed it to be.What ensued was a month-long nightmare that tested our patience and threatened to derail everything we had worked for.The lender moved at a snail’s pace, bogging us down with endless requests for additional walkthroughs, appraisals, and paperwork.

Can all lenders do them.

Are there any good REI magazines you all have found beneficial for things like market news/trends, success stories, etc.?

(If your project is primarily housing or incorporates housing specific funding sources, you will need to apply through the Department of Housing rather than through this program.)The funding sources that a project can receive include the Chicago Recovery Plan (CRP), Housing and Economic Development Bond (HED), Neighborhood Opportunity Fund (NOF), and Tax Increment Financing (TIF) which have all been combined into a single, streamlined grant program with unified rules and regulations.

Expect to spend $10-$20k in FC and of course all the taxes and insurance on the home during this time.

With older buildings, we need to be careful with the components of the building, such as roof, driveways, mechanicals.If you have to change the roof in the next 5 years, there goes any cash flow.

Finding the right property, coordinating with reliable contractors, securing quality tenants, and refinancing effectively are all key steps.