The origination fees are in line with what you see at lower ratios and depending on the size of the loan, can go down to about 1.5%, but if you are using higher leverage, they can also creep up higher than the range you are seeing.

Of course, it depends on her needs, but it could be beneficial for her tax / income purposes if she discussed it with her financial planner (I'm not a CPA).The possibilities are pretty much endless with seller financing, to make it exactly how you both want.

I think I am near by but the nomenclator east humboldt park can be misleading depending on whether you are talking about the actual park or neighborhood.I am at Armitage & Western and have a similar 2/1, I actually pivoted to airbnb during covid because I had to drop the rent so low ($1450) that I refused to do a LTR at that rent. 

A lot will depend on what you want/need out of your investment, what are your expectations?

I'd assume the hard part might be getting the HOA to sign off on that type of renovation...I could see this working in Chicago, but may depend on the neighborhood. 

Terence, It all depends on the property and what needs to be done.

It will be worth it likely depending on your income. 

So, it depends.

If the house is complete enough to have someone stay there,( the house is heat working).So I gave you the hotel contact (sign up for Choice), enterprise will deliver a car ~ choose a 4 wheel drive if you can with hatchback, the notary you send instructions/ maybe she has a boyfriend who can help with the night security.

@Alexandra BeardIf you run your business legitimately the Chances of an audit are most likely very low.Whether you need a LLC you should review with your attorney as it will also depend on how you are wholesaling and what processes you are using.