Anyways, back to Chicago, I have been there a few times, although mostly d-town and north-bound (Wrigley field area)... to me it is world-class, beautiful, clean, rich, affluent, safe... but I am aware of 'what they say about the South'Yes, I am from Canada, and no, I do not 'understand' what a rough area is... a random mugging, kidnapping or murder here is simply unheard of... in a 4million ppl city.Social net is much higher, you will never go hungry here, guns are pretty much inexistant.

If you have a commercial lender that is willing to do a cash out loan at 80% of the ARV on a duplex.....well, that is unheard of.  

This resulted in much higher payment amounts early in the mortgage, with payments unaffordable to most people.The advent of the 30 year fixed rate mortgage in the United States has made home ownership possible for a percentage of the population unheard off in any other country. 

AND i have a lender doing 5% down (i lknow thats unheard of)

This type of appreciation is unheard of and is rare even in a span of 20 years of organic market growth!

So someone might have a jumbo triplex product at 15% down for owner occupants, and another at 10%, but if it requires the credit report show 3 tradelines open for at least 24 months with activity showing on at least 2 out of the 3 in the lats six months, 24 months of PITI reserves, no >30 day job gaps in the last 2 years no matter the reason, and a bunch of other stuff unheard of in Fannie/Freddie world, then there's no point in getting you excited about it until the lender has all that paperwork in-hand...

It's not unheard of when it comes to C class & lower.

It’s my understanding that this isn’t unheard of but looking for some direction on if it’s out of the question to get involved with?

And $2,000 a month isn't unheard of around here.   

It's not unheard of for them to misplace paperwork though.