The people have rented from me, in my duplex are 20-somethings and younger couples who are doing ok financially, but aren't quite ready for a whole house.

The next time you need to fill a vacancy, you'll already have a solid rental marketing strategy in place and ready to rock!

Institutional lending is far too restrictive and time consuming, thus my need for an investment partner(s).Here is a description of my immediate need:Area: Aurora, IllinoisSales price: $125,000After repair value: $160-175,000 (CMA's from local agents)Repairs 90-95% completed by sellerClose: Tuesday, August 15 (one week from today)I have been working with an institutional lender on this but am running into "chain of title issues" because it was bought as a foreclosure by the current seller recently.

They might not be ready to sell at month one, but at month seven you may get a great deal.

Whats going on...My name is mikey and I just purchased my first invesment property (2 fam.) at the age of 21 and now looking to do some other things in real estate and came across this forum to get so new ideas and as...

My associates and I have the funds ready to get the money in your account, as well as the loan you are recieving payments for out of your hair.

:oops: I'm now ready to grow some and get it stared!

If the $1600 is covered with adequate return on the down stroke and the condo is ready to go (move-in condition) and the neighborhood bodes well for appreciation what is the concern?

After aquiring my first rental property & rehabbing it, I just got it rented & am ready to refinance it.

And you will give the readers of this forum first tibsby posting them here when you're ready to sell, right?