Chicago 4-Unit Multi-Family Investment Property
New Chicago multi-family opportunity available:
4 Units, fully rehabbed, tenanted - cash flowing, and professionally managed.
Purchase price: $409,900. Non-recourse financing in place: $264,000. Amount Invested: $145,900
Cash on cash returns: 9%
Definition of 'non-recourse finance':
A loan where the lending bank is entitled to repayment from the profits of the project the loan is funding, not from other assets of the borrower.
Offering