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Updated over 8 years ago,
Newbie and SO HAPPY to have made the plunge
Hi everyone!
I just got my first accepted offer on a buy and hold two unit house in the Northern Suburbs of Chicago. Both units need work, but I think the property has great potential. My goal is ten rental properties in the next 18 months and I'm really excited that it's finally happening (or at least starting). Zestimate on the property is $201k. Asking was 100k. Purchase offer is for $75k. Thinking this is a killer deal, but to be honest, I'm scared to death. Is that normal?