Is that the ARV, or do I need to take into consideration the repairs needed?

Is that the ARV, or do I need to take into consideration the repairs needed?

The house hacker will pay you the 100k (actually it should be higher...like 110k) in 2 years, pay the traditional 5% of his purchase price ($5500) for the option consideration...and lease the property from you for 800/month.3 - You end up getting 500 more from the Hacker/buyer than your are paying to your seller, so there is no payback period.  

The facts are simply presented for your consideration.

I have been an active investor/landlord  in Western Suburbs in Chicago with rental properties in A/B class neighborhoods like Glendale Heights, Wheaton, Glen Ellyn and Downers Grove.

If you can get conventional financing on an apartment than you will know you have a considerable higher chance of buying a property that is cash flowing. 

I buy everywhere and anywhere in the city limits, only neighborhood I don't like is north heights.

Most of the time representing a client's best interest means negotiating the best deal that one can get for their client but there are many other considerations.

1) Buy non performing notes for a consideration and foreclose.  

I would like to know if the experienced flippers break around this time in consideration of the winter market slow down.