Canary In The Coal Mine: Unfunded Liabilities Have Turned Illinois Into A "Banana Republic"The state is buried debt, and hasn’t passed a budget in over 700 days. 100% of their monthly revenue is being consumed by court ordered payments, and the Illinois Department of Transportation has revealed that they may not be able to pay contractors (who are working on over 700 infrastructure projects) after July 1st if the state doesn’t pass a budget.

I was essentially working two full-time jobs, the second as a flipper.

The garage would essentially become a workshop.3.

You have to use a qualified intermediary as they are an essential part of the exchange.

BRRR idea is great for newbies so they can buy owner occupied home and put min down payment 3-5% fix it up and build enough equity you can pull your initial investment or convert to a conventional loan and be 80/20 no pmi so you get the additional revenue.

Tracking the numbers thoroughly is absolutely essential but will obviously get better with experience]REPEAT:I am in the process of BRRRR'ing a comparable 4 plex in the same area as the Triplex.

While I worked at the IRS for a couple years, I got familiar with the Internal Revenue Code ("IRC").

If yes to the first and no to the second, I would hold off on such a large deal and start smaller. you are essentially asking people to blindly put faith in you with their hard earned dollars based on numbers only and no history or resume

What you said is essentially what I was thinking- wanted to make sure I wasn't out in left field and leaving us vulnerable to getting shorted in the situation.

To provide liquidity to the mortgage system, which in turn provides a huge boost to the economy, which in turn leads to higher revenues for the government.