.- Shop around for lenders that specialize in owner-occupied multifamily properties.- Use tools like the BiggerPockets mortgage calculators to see how different interest rates and loan terms affect your cash flow.If you have more questions or need further guidance, feel free to ask Good luck with your duplex venture

Congrats on your property purchase in Niles, a great NW Chicago suburb!!

Anything that has an attractive price in 32206 or 32209 is either in a D class neighbhorhood and/or a property that needs significant rehab.The further you go from the center of downtown, the more likely the property is in a better class neighborhood.The exception being springfield where it is close to downtown but considered a good neighborhood.

I usually text 10-12k property owners with 1-3 possible mobile phone numbers per month.

Hello everyone,I am buying an RSO-controlled property in Los Feliz and will be performing a no-fault eviction so I can move in as my primary residence.The property is currently a duplex, with a 2 bed 1 bath on the top and a 5 bed 3 bath on the bottom.

I’ve heard the horror stories of TX property tax so I looked for low property tax. 

It sounds like also I should subscribe to dealmachine and start driving for dollars, start a marketing list for direct mail, phone numbers, etc. of about 500 properties to market to at least 6 times.

But in essence it is not different than using a refi on a real estate property, except that you are protected on the downside as the cash value only goes up while real estate can go down.

Currently an investor must own all of the outstanding tax liens since the first auction, and it must be four years since the first auction, before it can foreclose the liens to obtain the property. 

We expect someone commenting on how great life insurance investments are  to reveal if he’s an insurance salesman, and someone who suggests buying property in Cleveland is great to reveal they’re a Cleveland based real estate broker.