Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago,

User Stats

4
Posts
4
Votes
Alexander Small
4
Votes |
4
Posts

Is the 2% Rule (Or even the 1% Rule) Possible in Chicago?

Alexander Small
Posted

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

Loading replies...