And is it possible to buy a property in Chicago low enough to get 1%?

Happy to connect as well as I'm based in Chicago.

We do not accept zelle because of how easily it can mess up an eviction in Chicago.

I have friends who bought in Texas, Chicago, Minnesota and Tennessee so I've been watching those markets. 

Hi @Abigail King - Love that you are coming up to Chicago for some meetups. 

A lot of Chicago workers are moving to this area to escape IL taxes and politics.

For instance, in places like Austin or Chicago, I’ve noticed similar deals pay off when you have the right property management systems dialed in.

After selling one and using a 1031 exchange to buy a fourplex in Chicago, he reduced his interest burden by 20% while boosting his net incomes by $1,500 per month.

If anything, at least wait a year so you don't pay short-term capital gains on the sale of the property.I need to find some more deals like that here in Chicago...where in Houston was this property?

Hey @Brad Roche - We do a significant amount of renovation loans (both Fannie May & FHA) here in Chicago and prefer the Homestyle loan only because it's less stringent on the borrow about what they have to repair, and they provide the general contractor a material draw at closing which helps the project start on the right foot.I thought the minimum down payment was 5%.