If you decide to move forward with a partnership, make sure you have an agreement in writing and that everyone know's what their individual responsibilities are going to be (so that one partner is working more than the other partners, etc.).Good luck.

But he had a unique situation.

Can anyone tell me if they are investment partners with Mr Kaller or if they have knowledge of his Renovation Funding program which is refered to as Road To Real Estate Riches.I am asking because I received a phone call and the individual on the other end was asking me how to get in contact with him.  

Since you're in the learning phase & your long term goal is to own several properties then start reading up on Series LLCs (unique to Illinois & other states) along w/ Land Trusts.  

If your blanket loan has individual releases (which you should always ask for) then you would be able to remove this individual property from the blanket and sell it.

Click the red garbage can icon to delete individual keywords.

Tons of great information on this site, and you will meet lots of very helpful individuals here.

I currently own a second house upstate in the Hudson Valley in a unique cooperative among 75 other houses but shares in the land.

Historically this community has been cash-only transactions between buyer and seller but in order to continue to attract new and young members we are looking for possible financing options for these individuals.  

If you plan on holding the unit long term, budget for individual electrical metering.