Purchase Price: 109kRehab/Cash Invested: 36k/60kSold Price: 237kNet Profit: 61kROI: 28%Hold Period: 11/16/20-03/17/21– 4 months

If we would have caught this during the inspection period it could have been negotiated or we could have let the deal go.

Hello all,I am seeking advice and how to go about obtaining / which loans  for an earlier balloon period or taking over 2 condos I have here in Champaign IL on contract.

Here in chicago, I’ve had my clients access the property multiple times for contractor bids although we’ve always done this during the inspection/ attorney review period.are you all post-inspection period?

After the time period has passed and i can foreclose on the home, what happens with the HOA fees if the prior owner wasnt paying them either? 

For example, I have a client on Prospect Park West that just finished up a super high end Reno that I’ll be bringing to market where she forced appreciation as opposed to waiting out a short time period.  

That is hard to do with a successful business over longer periods of time. 

I think your proposal for splitting profits makes sense, but I would define a time period and write up a contract.

The IRS has stated that a time period of "two years is sufficient".

Books can often be written for a period in time and a mentor can evolve and help you evolve as the times change.