@Nikki Botsko,If you are willing to drive to Chicago to chase your dreams, I can hook you up with my business partners who do millions of dollars of real estate investing every year.They are very friendly and willing to share knowledge and education on investing. 

We've always used whoever Chase Bank had available at the time. 

Hi! I'm new to this. Can I open an LLC for a handyman service, and use it to do handyman service as well as buy, hold/flip houses? I am in PA. Thank you for your help!

@Patrick PhilipSome of this varies from state to state...15 for cash30-45 for conventional45-60 days for FHA.90 for FHA 203kIt used to be less, but bank regs pushed everything 10-15 days.This is from Submitting offer to sitting at the closing table.from contract to close, I've seen conventional do 3 weeks to 30 days.FHA 30-45 days.Depends a lot on holidays, vacations, and chasing everyone around.

Bird, Dog and Net workingHow did you finance this deal?

Or if you're really inclined to get it paid off, why not use the cash flow from your first rental, then you'll be killing two birds with one stone!

You will be out of pocket on this property and if you hold hoping to benefit 15-20 years down the road you could be dead before you collect if there is ever a pay off.A bird in the hand is always better than ?????

I applied to Chase and Wells who both rejected me a couple of months ago based on the credit score.The house is worth about $1.1M with $600k mortgage outstanding, income is high and I'm only looking for around $60k HELOC. 

Although I made good money and had all the perks the corp. world had to offer, working 60-70 hours a week was for the birds!!

We have made offers on a few places in Orlando in the last 3 years and were bid up to the point where it would have been foolish to chase price.