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I have just put an offer on a home (legal 3-flat; I will live in one unit and rent the others) that the seller gutted and started doing work. The seller had, in his words, a renowned architect here in Illinois to draf...
Bullet Points:I am the owner of a triplex that was converted to condos.We have a lot of equity and I'd like to do a re-fi. You can’t get a government backed refi on a condo if a single owner (of a 2 to 4 unit property...
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Trying to save up as much as possible for my first buy and hold property. Any tips to get the best ROI to raise money for a down payment?
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Hi everyone,Hope you all are having an amazing weekend. My wife and I saw a multi unit that we really liked today. Biggest problem is that the basement unit is not legal. I did some research and think it’s pretty clos...
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The past two weeks have only strengthened my resolve to end all investments in mutual funds and stocks to invest in solely real estate. I reviewed my investments last year, before the crisis, and my 10-year returns on...
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Ok I already know what Due Diligence is, I just needed to catch your attention. My actual question is, are there companies out there that actually perform due diligence work for the developers for a fee, or am I on to...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $529,900
Cash invested: $38,138
Single Family Home with 5 bedrooms and 3.5 baths and 2,700 sq ft in Southwest Aur...
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Our landlord told us yesterday (mom and I) that the property owner wants to sell it soon. After Thanksgiving people will be touring the home to see if they want to buy it.Landlord says the owner can break the lease wh...
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We are in negotiation on a 2 flat in Chicagoland and are really nervous! I have a few questions for the community. Thanks in advance for your help! - The first floor unit is duplex down but the Cook county assessor's...
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I want to jump back in and do that first deal so bad I can taste it, like the turkey cooking in the oven, but every choice I make limits the next set of possible choices so I need to do it right from the beginning. Th...