In high-cost markets like Chicago, that can be tough to meet.If you're looking at a duplex, the self-sufficiency test doesn’t apply, so you’d just need to qualify based on your personal income and the rental income your lender allows.If your current lender isn’t familiar with making FHA work in your situation, it might be worth getting a second opinion from someone experienced with FHA multi-unit financing.

Low barrier to entry, low taxes, landlord friendly, some amazing class A and B suburbs and a strong urban core. 

- very low remaining mortgage balance!!

Currently we would be at 8.5% interest rate.  

As we wrap up the year and look ahead to 2025, the real estate market continues to present unique challenges and opportunities for investors, brokers, and lenders alike. From fluctuating interest rates to evolving buy...

I'm currently listed for short term rentals and am starting to get a few bookings into April and May...would hate to cancel BUT would take MTR as preference.

I'm curious of the current market demand for student housing and appeal to rental investors.

Is it possible to buy a property in Seattle low enough to get 1%, yes.

Since you’re still figuring out where to invest, look for areas with strong rental demand, good schools, low crime, and potential for future growth.

The downpayment is good but the interest is to low.