All Forum Posts by: Elias Munoz

@Paul De Luca thank you this will help us narrow down our search.

We’re looking to invest in Chicago as our first out of state property investment. Our budget is 110k and looking for a multi-family property but open to a single family home if the numbers look right. Our goal is for something with cosmetic work and cash flow. We been searching on redfin,Zillow and realtor for properties and some properties look great on paper but we’re having trouble on what neighborhoods to stay away from and which are the good ones. Does anyone recommend a neighborhood that’s up and coming and would be under 110k. This would really help us move forward on buying our first one. Thank you in advance.

@John Warren yes we’re looking for a PM. Any recommendations? Also a lender and contractor. We’re open to looking to other neighborhoods if it’s a better deal.

@Jonathan Klemm We’re looking for multi unit in the 80-100k range with some cosmetic work, also willing to look outside of back of yard if it’s a better deal. Can I have your recommendations for a lender, agent, and property management. I really appreciate it for taking the time to help me.

@John Warren what other areas nearby do you recommend on invest?

@Salomon Lino what are your thoughts about back of the yards? Is it a good area to invest or do you recommend somewhere else?

@John Warren father in law wants to partner up and buy a multi family property there and rent it out. We want to put 20% down. He has family members that live there. My wife and I are still doing more research on the area to make it’s a good investment and not too rough. Can you tell me a bit more info about the area if know. Thank you for taking your time to talk to me. 

Anyone investing in Back of the Yards,IL?