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All Forum Posts by: Kenya Mercado

Kenya Mercado has started 1 posts and replied 1 times.

Chicago Real Estate Forum

Post: House Hacking in Irving Park Chicago, IL

Kenya MercadoPosted
  • Posts 1
  • Votes 0

Hey Everyone. 

I'm looking to get started in real estate investing with a house hack in the Irving Park Chicago neighborhood. There's a property I'm currently looking at that may offer the opportunity to initially pay off the mortgage payment and put aside for capital expenditures, vacancies, and maintenance but probably not any cash flow until some work is done to the property. Does this seem reasonable as an initial house hack investment with little to no experience? What would be a minimal ROI to look at for someone looking to get started without making an initial profit but setting up for further investments?

0 Votes
Chicago, Illinois