I work so hard on my credit and I’m surprised I can’t get something near 8%. 

I would like to purchase another duplex in the near future and am looking for a possible turnkey.

Out-of-state investing makes the most sense for me—it’s impossible to cash flow anywhere near me, and moving wouldn’t make sense because I wouldn’t be able to earn the same wages or find the same kind of jobs.Before this purchase, I already owned two properties: a long-term rental outside Houston, Texas, and a short-term rental in the Sierras in California.

I know in my area they can require it, and we are nowhere near as strict as NY. 

That Chicago near Southwest side is a great little area. 

I can see buyers jumping at that if rates are at all near present rates.

We do a lot of mid term rentals from universities near by, and traveling professionals.

If the market rents do not cover the mortgage, you may do a no ratio DSCR for a higher rate/reduced LTV  Which most likely the 1007 will be nowhere near the revenue generated by a PadSplit operation.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

I am learning a lot about the business that, had I not gone through this process, I wouldn’t have learned nearly as much.