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Updated almost 6 years ago,

Ariella Sherman's profile image
Ariella Sherman's profile image
Ariella Sherman
  • from Chicago, Illinois
  • Member since Mar 20, 2017
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14
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4
Votes
Ariella Sherman's profile image
Ariella Sherman's profile image
Ariella Sherman
  • from Chicago, Illinois
  • Member since Mar 20, 2017
Connect
Ariella Sherman
  • Chicago, IL
4
Votes |
14
Posts
Multi-Family and Apartment Investing

How to finance 5 unit in Chicago

Ariella Sherman
  • Chicago, IL
Posted

I'm interested in buying a 5 unit property for about 875k in Chicago. I have around 10% that I can put down. I'm willing to live in one of the units if that will help me get financing. What kind of financing is available for this kind of property? Do I have to put 25% down since it's considered commercial? Any creative ideas to make this work?

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