2nd Closing in Chicago

[Calvin Lipscomb]

My group just closed, September 20th, on a 6 family value add opportunity in the Chatham area.  It was a bit touch and go right before and during the closing.  On Wednesday the seller's attorney stated that we may have to do a dry closing due to a problem on the  seller's side, of course.  This caused some issues/concerns with our group but, we argued and decided to move forward.  Thankfully, we were able to close with a few more hiccups.  We mainly like the opportunity to  add two legal additional units to the property for force greater price appreciation after renovations.  I  want to thank the group for their support.  Still battling over long term financing options but, we are exploring our options further.  

[Mark Ainley]

Congrats @Calvin Lipscomb , feel free to reach out to run any issues by me if you come across and renovation or Property management questions.