Hello All,Does anyone have a couple of good brokers or direct lending contacts that specialize in commercial loans (multi unit 5 or more) on the North side of Chicago? 

Hi the seller has a tenant who 's lease expires december. he offers two options:1) sign the contract now and wait to close when the tenant leaves in december .2) close now and keep the tenant. 

It’s my opinion that many investors have the wrong mindset when it comes to real estate investing.  

With seller carry backs you can get the seller to take a 2nd mortgage and carry most if not the entire down payment.

Going to the next level the difference in rate of return from appreciation at 80% LTV vs 0% LTV is 5x.  

Thank you for the info.

The mortgage started 2 years ago before I assumed it and obviously the seller met the owner-occupied requirement by living in it for a year.

Hello, I am 22(M) and I just enlisted to the Amry.

Hello,I've been listening to podcast/reading all about rental properties and I think the time has come to give it a go.

Note: I know that it is currently bleeding but given the price and fixing it up a bit ,may be a good one.