So my thinking is if I can get it at 138 i could sell it at 148 and then investor would put another 23K in it which would put investor in at 171 so I think if they sell it even at lowest of 230 their is still plenty to be made.

There are plenty of hard money lenders in every major city in the country that will fund deals without having to deal with the crowd.  

And PLEASE remember to take plenty of pictures!!!!

:roll:Oh, and I would NEVER in a million years invite a stranger to live in my home.

Jobs are plentiful if you work in Chicago or go east out of Kendall County.

Just for your info, i represent hundreds of LLC's and work with plenty more and have never seen one elect to be treated as a corp for tax purposes.

So far I have only liked one place (but there are plenty more to look at), but to use this one as an example, It has many great qualities, but there are still a few things I don’t like.

Cash flow is SO important, but you also need to have plenty of exit strategies and appreciation makes that so much better.

I have this meeting once a year, last year I invited Tony Collela and he was a more of an infomercial.

There is plenty of info on commercial real estate investing and landlording here on the site.