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Updated about 3 years ago,

User Stats

15
Posts
7
Votes
Charles Cathey
  • Investor
  • Chicago, IL
7
Votes |
15
Posts

Multifamily Real Estate

Charles Cathey
  • Investor
  • Chicago, IL
Posted

Hi All,

Looking and running analysis for my first multifamily deal in Chicago. Should I focus more finding a property that will cash flow positively day one with the COC I'm looking for or get into a property that's breaking even while living mortgage free from the tenants and save the money that I would've been spending on mortgage toward property #2?

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