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Updated about 1 year ago on . Most recent reply

User Stats

13
Posts
6
Votes
Rick Zavala
6
Votes |
13
Posts

New Real Estate Investor in the Chicagoland area!

Rick Zavala
Posted

Hey Everyone! Excited to join the Bigger Pockets community! I first became interested in real estate investing when I worked for a bank that financed residential new construction and renovation projects. I am based out of the southwest suburbs of Chicago. I plan to invest in or near this area. I'd like to purchase my first investment property in 2024. I'm currently working on getting information on financing options. House hacking is not an option but I have good equity in my primary residence so I'm looking into HELOC options. Any financing suggestions are greatly appreciated as I'm just getting started. I've also been considering starting an LLC but not sure how to go about building credit for the LLC and if it's even necessary to start.

Looking forward to all responses, especially suggestions and questions.  

Rick

Most Popular Reply

User Stats

26
Posts
19
Votes
Mei Bae Wu
  • Real Estate Agent
  • Houston, TX
19
Votes |
26
Posts
Mei Bae Wu
  • Real Estate Agent
  • Houston, TX
Replied

Hi Rick! I am interested in potentially investing in the South Side of Chicago as well. Would you consider investing in Woodlawn/Southshore? 

@Eudith Vacio is an agent specializing in the South Side of Chicago so she would be a great person to connect with!

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