All Forum Posts by: Aaron Lang

@Joshua R. Ideally, I'm looking for a no-money down deal with a payment/mortgage of around $1000, I have roughly $1500 in monthly discretionary income after taxes. I'm hoping somehow I can find a way to put no money down, and have my monthly housing expense covered by a tenant so I can free up additional monthly cash flow to expand.

I see you are in the Chicago area, does something like this sound feasible? or is there likely better markets for this? Obviously I don't have a ton of extra money and sub-par credit, and I would want to be relatively conscious of the part of the city I am because of my need for several vehicles to be safely parked consistently.

That's why I was considering commercial deal because I've noticed in some parts of the city the commercial properties are less expensive than SFH in the same neighborhoods.

Hi Guys,

I have less than desirable credit ~600 (had a business loan that I defaulted on a few years back). So I'm looking to find a deal with seller or "creative" financing. And I am looking for a commercial space (with live-able area or apartment). I'm hoping to live in the space and rent out to an additional tenant or to a business. A duplex or triplex would be ok as well.

I need to find a location within a densely populated city with space to safelyhouse 2-3 vehicles (for my other business), outside of space for the vehicles, I do not need the commercial space. The big thing to me is housing multiple vehicles in a central location of the city (Chicago is the primary option but would consider a move to another densely populated city like Vegas, Houston, or Atlanta..... tourism matters for my business)

How would you guys proceed with trying to acquire a deal given my situation? I know this is open-ended and full of variables, but basically I need to move to a more central location of my city, or to a central location of another city, and in doing that I want to attempt to put my best foot forward on making that next move an investment property. Thanks for your help, don't rip me too hard for being a noob.