The issue in Chicago is our unique 2-4 unit inventory that is still more approachable in price compared to other big city markets.

On the other hand, if you can get a higher return on your investment property than the 7% you have on the mortgage or the mortgage interest rate on the investment property, then your money will be working harder for you in the investment property than paying off your primary residence.The choice is personal and unique to you.

Purchase price: $1,150,000 Cash invested: $300,000 Sale price: $1,628,000 Built in 1890, this Old Victorian was converted into a duplex in the 70's by a talented architect who made some unique and extraordinary custom design choices (read vaulted skylights) that made this property truly one of a kind.

(There can be Form 3115 idiosyncrasies unique to each tax filing.)

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It is somewhat of a unique situation. 

.- Any unique approaches or tips that have helped you stand out and attract capital for projects like ours in the California market.Looking forward to hearing your experiences and advice!

7) What makes you unique as a Sponsor?

Are there any unique challenges or opportunities?

It was a unique deal, a 2-2 single family that had a weird layout - but for our purposes it was perfect!