Buying first multifamily property in Chicago

[Ivana Racic]

Hello, looking to buy my first multifamily property ( 3 flats) in Chicago

What is considered as a good cap rate in the area?

Also, is there any recommendations for the multifamily lenders?

Any tips for beginners ?

Thank you

[Landon Hoon]

Hi Ivana! Happy to help answer any question's you have. I financed the most 2-4 units in the greater Chicagoland area last year and a big part to it is our low down payment portfolio options that other lenders do not have access to. Feel free to message me and I would love to help out!