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Updated about 4 years ago on . Most recent reply

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Jake Shulman
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What are the best neighborhoods to househack in Chicago?

Jake Shulman
Posted

I am interested in buying a 2 flat/3 flat in Chicago, and I'd like to house hack the property. I'm new to Real Estate, and I don't really know where to begin looking. Any suggestions on which neighborhoods have a lot of 2 flat/3 flats available?

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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied
Originally posted by @Jake Shulman:

Awesome thank you

A lot depends on your budget and loan program, that will really dictate where you can buy.  I am happy to send you some examples.

It also depends on your priorities.  Imagine you have a pie, you can cut 4 pieces; price, condition, cash flow, location.  So if location is the biggest piece of your pie the others need to be smaller.  Everyone has different priorities, and you can't have them all.  So you will need to sacrifice on at least one of them to get what you want.

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