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Updated about 2 years ago on . Most recent reply

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5
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Jaylen Jones
5
Votes |
8
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First time investor looking for Multi unit properties.

Jaylen Jones
Posted

Good morning everyone,

I am a first time investor in the Chicago area looking to find a muli unit property and fill it up with some tenants. I am 22 years old and I drive trucks for a living right now. I want to get my first property under my belt within the first 6 months of this year and create a positive cash flow to re invest my money. I have the skills of hard work, consistency, and dedication to something that I am involved in and this is something I plan on doing for a very long time. Any advice will help me at the moment and will be greatly appreciated. Thank you for your time!  

Most Popular Reply

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70
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32
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Joshua Jones
32
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70
Posts
Joshua Jones
Replied

Thank you @John Warren. @Jaylen Jones when it comes to multi units, you have a few options. There are FHA mortgages, conventional mortgages and renovation mortgages if you find a place that has good bones but needs some work. Getting a great team together to help you grow is key. Feel free to private message me if you have lending questions or about the team I work with for this process. I bought my first place when I was 21 so I have a passion for young investors and understand what you are looking to do.

  • Joshua Jones
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