i'm not local to you but just came to recommend jamil damji's book 'how to wholesale real estate' - i got a lot out of it!

I'm sure you will attract a lot of visitors for the nearby colleges and hospitals.I would reach out to some hard money lender brokers like Sherman Bridge, that will give you access to many different HMLs at once and you can easily compare their rates.A good local HML is Chris Misutka, I will DM you his contact info.Most HMLs can close within 2 weeks but they may require an inspection.

The property should appraisal for more than what you bought it for, then once that happens are you supposed to go to local bank to get it refinanced and you get money back from the bank if it appraises for more?

For sure you would "technically" need to pull permits for something like that...but this is likely a case where doing that work isn't going to alarm any neighbors or city officials...Being that it's inside your unit and an enclosed porch.Sam is great and so is @Prashanth Mahakali as far as local Chicago architects go.

I can recommend a local architectural/engineering firm (previous office was on 36st in Astoria) that is very experienced, knowledgeable and professional.All the best to you & your dad on this next chapter!

If possible, consulting a local real estate agent or financial advisor can provide personalized advice based on the specific market conditions in Chicago.

Hi Nina, National Integrity Title handles foreclosures- great local team to work with, very communicative and thorough.

If you do want to go outside, you should put a lot of work into evaluating the area and finding local property management.

These technologies are not just passing trends; they are the vanguard of a new era, swiftly outpacing the conventional workforce.The Rise of AI and Disruption ToolsThe real estate industry, once reliant on personal connections and local knowledge, is now being reshaped by AI.

However, I've never done any BRRRR in the country, and I'm planning to talk to a few local banks about it to see if they're open.Has any of you guys run a BRRRR project here?