Currently House Hacking & Looking To Add More Multi Units.

[Steven B.]

Happy Sunday all, 

Currently house hacking a 4 Plex property in Chicago, utilized the Fanni mai 5% down. Going well so far. Already, In the process of adding forced appreciation by adding an additional dwelling unit & also adding value in other ways. During the process of getting this done I want to continue, and strike while the iron is hot. Trying to expand my Multi property investments portfolio & expand my network with likeminded people to go on the attack & get stuff done. A solid A Team. 

I was thinking to utilize a DSCR loan for my 2nd Multi family purchase this year? open to other financial creative solutions I may not be aware off. Also, I am a little stuck in the sand at the moment. Not sure if I should stay in the Chicago market or Invest out of state in a more land lord friendly state? I hear great things about the OH, FL, TX Multi family markets.... Chicago feels to be saturated and over priced, not finding great deals, but I could be wrong? 

Would appreciate some insight on what you all think? What would you do in my current situation?