6 July 2025 | 4 replies
I just purchased my adjoining lot in Bronzeville and will be building a 3-unit very similar to the one in the link (same lot size, unit details - 3bed 2bath). https://www.redfin.com/IL/Chicago/4224-S-Langley-Ave-60653/h...There are a number of these popping up in Bronzeville and would appreciate any thoughts before I call in developers for bids.
7 July 2025 | 6 replies
Banks and formal institutions typically want to see $20M+ in portfolio size before they'll work it up.
10 July 2025 | 71 replies
Yes, the government pays the Section 8 rent timely, but more and more tenants are having to pay a portion of their rent.
7 July 2025 | 17 replies
They will fund the rehab portion of the project.
5 July 2025 | 18 replies
There's definitely a lot of merit to transition over especially when you're at the size/scale you currently appear to be.
7 July 2025 | 21 replies
The asking price is 300k...Portion of sellers pitch:“Enjoy VIP status as an owner and 28 days a year of stay.
4 July 2025 | 2 replies
However, this still didn't fix the issue of having to pay a portion of mortgage every month.
4 July 2025 | 2 replies
Most windows are 36x 36 or around that size.
5 July 2025 | 6 replies
You would need to look at costs depending on the size of your units.
3 July 2025 | 18 replies
Aslo, most DSCR lenders are going to take issue with you selling the property they financed on a land contract/CFD regardless of the loan size.