Just remember not to buy so high up on a hillside that you've got guest complaints anytime it snows and they lose power/access.Personal home?

It's worth asking.That's the test for 1031 eligibility - are you actually purchasing real estate or an interest in an entity that owns real estate.

Obviously it helps to have help but for a prize of $25k its not worth it.

Remember strategic default?

It will definitely be worth it.  

If you have a deal that you think is more valuable than you think it's worth and want to sell it on the market, I'd suggest closing on the place.

got a 4 unit building for sell in the north suburbs of chicago that cost 25k over apprised value but seller said they are will to hold the financing with 100k down. rents out for just over market rates leaving a noi of around 30k. so my question is, even tho he's over market and appraised value, but willing to hold the balance of mortgage, is this deal worth it?

Here is the formula to use when considering a deal:First you need to figure out the ARV(after repaired value) which is what the house will be worth when it's fixed up.

I will say though when you accept an offer initially remember you still have gateways to pass through (Inspection, Mortgage appraisal) that have the opportunity to cost you.

If that is Weeks with Wigger and I can't remember the other one at that office then they are actually the same ones that did my closing on my primary residence in Summerville, SC.