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All Forum Posts by: Natalie Grimaldi

Natalie Grimaldi has started 1 posts and replied 4 times.

I'm in the very beginning stages and really appreciate all of your advice.

Hi Brie, 

Thanks for the input and I am looking in the Logan Square area. I've been looking for condos while knowing that I prefer to put my money to good use and came across the listing for the 2 flat. I think I did read a blog post about 3+ is the preferred number. Any suggestions on how to get in this game without being priced out in Chicago?

Ah, I see and that makes sense. I was thinking this may be more complicated than I thought, but it's not. Thanks Nicholas for the input.

Hello everyone,

I have been on BiggerPockets for a while, but only as an observer. I have been renting in the downtown area and now ready to buy something, but want an investment instead of just a condo. I'm looking at 2-flats. 

I know how to shop for a condo, but wondering what qualifications I should use for an owner-occupied property (house hacking). Is it the 70% rule? 

I appreciate any tips or suggestions. Thanks a bunch!

Natalie