That is not true.It was was originally proposed but later taken out.  

Also keep in mind that some hard money lenders don't like 2nd lienholders on the loan too.Although I can see the benefit of doing what you're proposing in order to avoid the 6-month seasoning for cash-out refinances.

Ive also called my town's and county's office and asked around several times but nobody knows what Im talking about.Links Ive found:Fair housing: (even called the phone number on the site)https://www.co.mchenry.il.us/county-government/dep...Landlord-tenant act (this has barely any info)http://www.ilga.gov/legislation/ilcs/ilcs3.asp?

Cody Evans Somebody has to show houses still especially if owner not around and I have seen so many FSBOs blatantly disregard disclosures that I can see legislation closing that off.

@Joseph Lee Minnesota law requires you to post/send a copy of the proposed property tax statement to all the tenants in the building since they technically are paying the property taxes through rent payments.

I showed up late and the tenants lawyer stated he would send me a proposed consent order to state that the tenant must pay rent on time this month and going forward or the landlord can move forward with the eviction process.

Just by talking about my real estate goals at my Dad's pre-bowling party (lol), one of his friends approached me saying that he would be happy to look at a flip-proposal and (if it looked solid) would fund the deal. 

I’m thinking of proposing a wraparound mortgage for $299,000 with a 7-8% interest.

Starting to propose my management services to larger buildings in Jersey City and want to know what is typical in that area, or any area for that matter.Thank you!

@Jenni RiveraThe main issue with this proposed transaction is that debt will be brought to the table.