All Forum Posts by: Tim Christian

Why do you say the 2 flats have no flow. Thanks for your response. 

hi N,

I've been in the south and definitely need to readjust my numbers for Chicago. I'm planning a trip to get more familiar end of this month. I'll have a much better understanding of where I can find something that works. Lawndale doesn't seem too bad I remember visiting around the United Center and saw the gentrified transition happening. I appreciate your advice it sounds very accurate. I wouldn't mind hearing more about what you've dealt with investing there. I can manage the down payments it's just a matter of learning more of the area and taking my steps with my first stuff so I learn the proper way to build a solid portfolio with less pain as possible. Good fortune on your investments. Thanks 

Steve,

Hello and thanks for the invite, this is an excellent tool. I certainly will utilize the resources here. I appreciate the kind words. I'm in Tampa and had never met anyone who lived in Beverly Hills Fl. If I never make it to California, perhaps I can move there, it's got a ring to it. Good day!

Don,

This is good insight. I prefer to stay closer to downtown and city. I have a son in South Holland and I want to be able to take him to school a few days out the week also. I grew up on the South Side, and have no desire of living in the city out there. That's why that near north,  south loop, that area around DePaul is idea. But perhaps my numbers may not work there. I'm in that 150k range for this first buy, I'm looking to find something I can fix up. Do you think I'll need to look more for foreclosures? Thanks for replying 

My name is Tim I'm raised in Chicago I visited Tampa during Super Bowl 09' and never left. I met a M broker from New York and tried my hand at being a loan officer. I left the loan business to produce a motion picture and have been doing well in that business. I'm now wanting to find a multi family in Chicago, in a safe area. I plan to live there for a year and find something else while renting. I am eligible for first time buyers, w2 decent income, and excellent credit. Lake View is idea but wayyyy too expensive for this first purchase, I am patient and want to find a deal by summer 2016. This site is a great place I'm enjoying learning and invite any advice from experienced investors and banking professionals that can lead me to buying this first purchase intelligently  and aid in my building a solid portfolio. Thanks