I haven't found the one yet, its a tough market from what i've been seeing the last few months. 

In my experience, most lenders cap at 75% LTV, and even then, it can be tough to pull out enough equity to get meaningful cash at closing.That said, I’ve noticed a lot of investors, myself included, facing cash crunches lately.

The cost of the furniture is tough up front-- you can rent furniture or go through FB marketplace.

LIke she will talk to her client  ( Hey client i just found the home your going to buy) Not ask them what they think you have to be able to actually sell and this is a skill that some have naturally but it can be taught and boy it can be tough to teach as many just don t have the personality.

You don't know what material costs were, what labor costs were, or John's scope to flip the property. 

Chicago’s a tough market, but looks like things are finally moving in the right direction for you.

See what's on facebook marketplace & craigslist, so many people have extra construction materials from remodels they'll give away for like $20.

Better materials such as stronger  lumber were used when the earlier vintage properties were built and many  contained design characteristics such as stone or brick work and intricate millwork that are too costly to replicate today meaning many buildings are significantly below todays replacement cost. 

Contrary to popular belief, this is actually an advanced strategy for people with lots of experience and resources, it's a really tough place to start.

However, the approval process can be pretty tough, especially if you're working on a larger project or have a shorter timeline.Private Lenders: These options are typically much faster and more flexible, which is key when scaling development projects.