New Investor in South Suburban Chicago

[Bernard Davis]

Greetings everyone. I've started my Series LLC and am awaiting a closing date for our first investment. It's a tenant occupied (tenant has been there for 5 years), 2br condo that is a cash deal for 30-40% under ARV(just paint and maybe new flooring is all that's needed), and will cash flow $500 per month after all expenses. Not sure yet if I want to BRRRR this eat away at the monthly cash flow.

Looking for more condo/townhome, 2 flat deals in the South Suburbs for BRRRR, and/or flip opportunities.

I'm/I've learning a lot from the BiggerPockets community and I look forward to meeting with and working with some of the area investors and professionals.

Bernard Davis Jr.

WACOD Investments LLC