That way in the event you can’t afford the costs or they turn out to be much more expensive than you think you have a window to get out of the deal without losing your earnest money.

Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.

More than 60 days may be considered reasonable if both of the following conditions are met: • the veteran certifies that he or she will personally occupy the property as his or her home at a specific date after loan closing, and • there is a particular future event that will make it possible for the veteran to personally occupy the property as his or her home on a specific future date.

Alternatively, you can also attend local RE events and talk to other investors/buyers that are interested in buying the deal from you. 

Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.

Good evening BP family, As I'm sure a lot of you know it's getting pretty pricey to borrow money due to the events that have happened over the past 60 days.

Having to establish a different bank account for each activity, transaction class or financial event seems like a stretch.

@Simon Huber- Hypothetically yes, however, you will also significantly damage your credit and ability to get another loan in the 7 years following that event. 

You need to provide an invoice in the event of an audit.An ATM withdrawal receipt will not be sufficient evidence.Furthermore, there may be penalties for failing to provide a 1099 or working with contractors who continue to fail to provide you with a completed W-9 Form.

(I have no idea what yet)I am starting the year with a bang by planning the Midwest Real Estate Networking Summit, a 3 day event in May focused on learning everything about succeeding in Chicago real estate investing (details to come by the end of the month)I continue to strive to maintain the lifestyle goals I set for myself, never setting an alarm in the morning, working no more than 30 hours a week, and travelling 10 weeks a year.