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Updated 2 days ago on . Most recent reply

Angel Arroyo's profile image
Angel Arroyo's profile image
Angel Arroyo
  • Real Estate Agent
  • from Chicago, IL
  • Member since Aug 11, 2025
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Angel Arroyo's profile image
Angel Arroyo's profile image
Angel Arroyo
  • Real Estate Agent
  • from Chicago, IL
  • Member since Aug 11, 2025
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Angel Arroyo
  • Real Estate Agent
  • Chicago, IL
1
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3
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Buying & Selling Real Estate

How Much Money Do You Need to Buy Your First Property?

Angel Arroyo
  • Real Estate Agent
  • Chicago, IL
Posted

Do you need a lot of money to get started in real estate? I'm considering house hacking for my first property in the Chicagoland area, but I'm not sure how much capital is typically needed. Any advice or insights?

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Alexis Sostre's profile image
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Alexis Sostre
  • Lender
  • from Los Angeles, CA
  • Member since Nov 7, 2020
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Alexis Sostre's profile image
Alexis Sostre's profile image
Alexis Sostre
  • Lender
  • from Los Angeles, CA
  • Member since Nov 7, 2020
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Alexis Sostre
  • Lender
  • Los Angeles, CA
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Alexis Sostre
  • Lender
  • Los Angeles, CA
Replied

Starting your real estate journey through house hacking in the Chicagoland area is a smart strategy, especially for first-time buyers. The amount of capital required can vary based on the property type, financing options, and your personal financial situation. 

  • Alexis Sostre
    • 1 Vote
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