:) NEWBIE LOOKING FOR FIRST BRRRR GREATER LITTLE VILLAGE AREA!

[J Polanco]

Hi everyone! This is my first post just like the title says I am looking for my first BRRRR multi family deal 2-4 units. I work in the RE industry although I am licensed agent I do not close deals. I am in B2B sales for a brokerage. Going to be investing in my first deal once I can find the right property. Focusing on the Little Village to Berwyn area. Maybe even a bit up north into the west side like Humboldt Park/Forest Park. Born and raised in Chicago so I know the neighborhoods well.

Want to connect with other investors in the area. Also trying to build my team in regards to contractor possibly a PM as well as I may self manage to begin with but will eventually get a PM once I have a few properties under my belt. Being in sales and working from home I do have some flexibility with my time currently. 

My main question is is there still opportunity for BRRRR deals in the areas I am looking for to buy a multi for 150k or less initial acquisition cost? Or am I aiming too low?

Any advice I am thankful for in advance! 

[Jimmy Rivera]

ii'm also looking to invest in chicago market.  it will be tough to buy multi units with your current budget but not impossible.  i've come across a couple in your budget, but i'm looking for better quality properties.  check the 60624 area.  two flats are right around 80k to 120k.  back of the yards is also a good area to buy and hold. 60609.