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Updated about 4 years ago,
Is the 2% Rule (Or even the 1% Rule) Possible in Chicago?
Hi, first time RE investor here. I currently rent in downtown Chicago with my fiance, and come this June we plan to buy a multi-family property (living in one unit and renting out the others) within the Chicago city limits using my VA loan benefits.
The issue that I consistently run into is that I cannot find an investment property that meets the 2% or even the 1% rule. Which leads me to my question: how can I do a better job identifying and finding deals in this type of RE market?
Thanks
Alex