However, if you already own a note secured by a vacant property, AHP Servicing and Activist Legal can help you execute the preREO strategy on the note(s) you already hold and want to keep.

Are you planning to build, hold, or flip the land?

It also tends to have larger, well maintained duplexes compared to other areas.

The interests rate seem comparable.

As a percentage closing cost as percentage goes down as value increases but we will 15X to account for closing costsNo cash flow per OP.2% market appreciation equated to 30% + 15% = 45% 3% market appreciation equates to 45% + 15% = 60%4% market appreciation equates to 60% + 15% = 75%Recognize in virtually all markets the cash flow increases with hold length especially if a fixed rate loan. 

It also helps to show them the amount of interest they can get when they add up 30 years of payments (compared to the sales price). 

I’m a prior realtor, with wholesaler experience and have done some buy and holds in residential properties.

Investment Info:Single-family residence buy & hold investment.

Do I continue to hold it and hope the appreciation eventually makes for a more palatable return?

A unit within walking distance of the Blue Line in Wicker Park might rent for $2,200/month compared to $1,700 further away.10.