I am excited to plug in and do anything I can to help others avoid many of the thousands of mistakes I have made in my career (and maybe do some good business along the way).Warm regards,Corey

Hey folks,Just got my track search back for a property tomorrow and found:---Recapture Agreement recorded (date) as document(number) made by (person) to Illinois Housing Development Authority, to secure a note in the originally stated principal amount of $25,000.00, and to the terms and conditions thereof.All I can find about a Recapture Agreement is that it is a 0% loan given to certain people from the government for rehab.  

I eventually made an offer on a nice condo but did not get it.

I, on the other hand, lost money on one deal and made three times more than he did on another that ended up burning down in a wildfire.

I guess I should have made that more clear in my original post.  

If I ever am, I will accept the fact that I might not come out of it "made whole" - meaning I might lose some rent, there may be damage to the property that I cannot collect, I might have a vacancy, I might have to spend time and energy marketing, showing, and re-renting a property that should not have a vacancy.

Best decision I've ever made.

That will destroy your cash flow you made.  

Should you find/assign the contract to an end buyer the broker is full right to all commission made on the sale of the property as they have the exclusive right to sell the property NOT YOU, and the seller will need to pay the broker a commission. 

I picked up my condo for a great price and did a complete remodel which has increased its value by significantly more than I put into it, which made me think why don't I do this with other condos and sell them at a profit (hopefully).