This could limit your ability to refinance in the future to lower your payments.Rental Viability: Renting out a very new home (built in 2019) may not be ideal due to potential wear and tear concerns and the fact that it's less likely to need significant repairs or updates that tenants often expect.Local Market Considerations: Chicago's property market is known for high property taxes and historically slower appreciation compared to other markets.Financial Necessity: If you don't have a strong financial or personal reason to move, such as proximity to work, family, or lifestyle changes, it may not justify the hassle and costs of buying a new primary home.I am a loan officer so feel free to reach out to me directly if you have any other questions or would just like to discuss!

I live in NYC but open to a lot of the mid-west/central markets given lower entry price.If you're looking to get started like myself, or even wants to invest together - feel free to reach out!

I just put one property on escrow which was also in a very bad shape - strong smell with cat urine and I had to replace all drywall and existing flooring.As I am waiting for my escrow to be closed, this came into my attention.

My closing Attorney and General Contractor was amazing, as usual.

Hello Rob,This is an example of the type of investor financing that we have had success in closing for our clients in the past.

I stuck to my price and stayed in the realtor's email and text with my quick close (which it was) the deal came through.

NY & NYC aren’t as great of markets for wholesalers because they have some stricter laws surrounding disclosure and closing which make it a little more difficult to operate there.

I NEVER ever go to closings all of my are remote..

There are lots opportunities in easy bay township or downtown Condos (where str is allowed.) direct west of TC has lots str experience opportunities (water front/ farm house , wineries), direct east close to Williamsburg has great opportunities even for long term summer rental to the horse show participant (June to Sep).

Lower price point projects like you describe are generally the best candidates.