All Forum Posts by: Anne Leger

@Brie Schmidt thank you for providing this chart. I actually didn't know the loan limits so that's very helpful and important to consider. We will need to start exploring other neighborhoods that are less expensive. 

Originally posted by @Brendan M.:

Hey Anne, I'm currently looking to do the same thing you are. I've been looking on the Northside of Chicago for about 8 months and @Brie Schmidt has been an incredible resource! If you have any questions, feel free to PM me. 

John Casmon that sounds great. Too funny as we are over in the North Center neighborhood renting and love it over here. It seems like an expensive area to purchase though - did you find that to be the case as well? There are so many neighborhoods in Chicago so we are trying to learn and hopefully narrow it down somewhat over the the next few months. Any insights into areas to look?

Thank you Billie Miller . I appreciate the insight and will definitely take that advice to look for an investor friendly agent. I may take you up on picking your brain - as it sounds like you guys have made it work and are doing great. Congrats! I feel excited to finally be moving the ball forward instead of just thinking about it for such a long time.

Thank you Ham Merritt . Appreciate the help and insight!

Thank you for your reply @Dhru Das Can I ask which areas you have been in looking in for your duplex purchase? I will message you with a few more questions if you don't mind. Thanks again for sharing your knowledge and perspective with me. 

Hello,

I wanted to introduce myself to the wonderful BiggerPockets community. I'm a newbie and want to get more involved in the networking and community aspect of this forum.  I am a 28 year old marketing professional in Chicago, IL and my husband and I are tired of just renting and not getting ahead financially/being stuck in the rat race. We have been getting more plugged into learning and diving into understanding real estate investing by listening to podcasts, reading books (including "Set for life" which is awesome), doing research etc. We have a goal of purchasing our first place in a year, however after learning about different options to build more financial freedom we are mainly interested in house hacking our first property. Our goal would be to purchase a 2 unit multifamily place (i.e., duplex or a place that we could potentially convert a portion to rent out). We plan to live in one unit and rent out the other. While we are starting our research, I am posting this to see if any individuals can share their knowledge or experience on house hacking with me, especially in Illinois and the Greater Chicago area. We are open to exploring options outside of the city, if it makes more sense financially.  Any help or knowledge would be greatly appreciated.

Thanks,
Annie