Understand what's in the deed before closing.

Do I need to choose a location close to home or farther away?

There are plenty out there with fair rates and lower fees.

I would remove debt to a 7-10 year time frame and lower fixed costs, at minimum.

This could lower your resale value. 

Purchase price: $90,000 Cash invested: $55,000 Triplex in SE Cleveland (D+ neighborhood)Purchased for 90 and saw 105 for valuation. 25% down plus closing costs and unit repairs has led to about 50-60k going into the deal.

And the reality was I only put 20% down plus closing costs.

is it as bad as we hear it is.The property is located around Greater Grand Crossing Close to E 71st street and the 94 highway.Greater Grand Crossing is violent, even by Chicago standards.

We closed on the construction loan June of 2021, the permit came through Nov of 2021.

With growing tourism and lower competition, it’s a great way to maximize cash flow.- Creative Financing: Partnering with other investors, seller financing, or using HELOCs can help scale your portfolio faster while preserving your capital.- Land Development: Got an eye for raw land?