Im a wholesaler and A realtor reached out to me with a potential deal and has agreed to show it to me Friday before it is listed.

If he is going to terminate the lease it has to be before November 1 2018 and after February 1 2018 which was his idea and we agreed on that (in Wisconsin no one wants to move in a blizzard and it’s hard to find new tenants in winter) I have legal documents for a lease, and a blank addendum page to write these details. 

We have a good paralegal that we use if we end up with a tenant that we cannot easily get out ourself using the Landlord and Tenant Board N4 and L1 Forms and a hearing. 

You have a locked in buyer with no need to spruce up and a flexible buyer who will accommodate your 1031. 

School is starting in a couple weeks and as soon as that happens the market usually cools off a bit.

Welcome John, I am fresh off the boat as well and a newbie.

This has allowed us to get rid of PMI and utilize a HELOC for any future investment purchases in the future.My best advice for you would be to find a local real estate agent who is familiar with what you're trying to accomplish, a lender who can offer renovation financing (and navigate it smoothly, as sometimes they can be more complex), and a contractor who will be able to take on this type of project with the bank.Best of luck!

Closing Fee Schedule Lender Points $250 Legal Review Fee $75 Appraisal Review Fee $30 Servicing Setup Fee $30 Draw Company Admin Account Setup Fee $1,250 Attorney Closing Fee **Draw Fee is $200 per draw and a $30 wire fee for each draw wire** 

This should be a business decision and a 'learning opportunity' about what to watch out for and what kind of people you want to deal with moving forward.Oren

Most of the midwest is relatively inexpensive to live in (Except Chicago and a few other markets.)