@Koo Sharifi I would also caution overleveraging and cross-collateralizing assets if this is your first investment. 

There is a very good chance that you, as someone just getting started, already knows more about investing than most of the agents that you cross paths with will. 

I'n my limited experience, I have not been able to hit 1% through, lets euphamistically call it a "regular" transaction. 

You are a disqualified person to your Solo 401(k) and any direct or indicted transaction between you and the plan is viewed as a prohibited transaction. 

I dunno...I dunno...sometimes solutions cause more problems...Obligo really acts as a transaction coordinator/guarantor.

I live in Lake Bluff, IL about 15 miles south of the IL/WI border so don’t have a lot of contacts on the Wi side.

Hi all, has anyone hired and used a Broker of Record, whether it be a broker or attorney, to oversee agents/transactions for their real estate brokerage? 

You will need to claim that property as your "primary residence" for tax reasons because the bank will cross reference for that with an automated system. 

Coordinating the 2 transactions here is very important.

So I spent the weeks leading up to the sale driving around my county after work and crossing houses off the extensive list, or making notes next to the address like "bid high" or "bid low".