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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateChicago Newbie - buying 2-flat as owner occupied
Natalie Grimaldi's profile image
Natalie Grimaldi's profile image
Natalie Grimaldi
  • from Chicago, Illinois
  • Member since May 13, 2016
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Natalie Grimaldi's profile image
Natalie Grimaldi's profile image
Natalie Grimaldi
  • from Chicago, Illinois
  • Member since May 13, 2016
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Natalie Grimaldi
  • Chicago, IL
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Buying & Selling Real Estate

Chicago Newbie - buying 2-flat as owner occupied

Natalie Grimaldi
  • Chicago, IL
Posted Apr 11 2018, 12:55

Hello everyone,

I have been on BiggerPockets for a while, but only as an observer. I have been renting in the downtown area and now ready to buy something, but want an investment instead of just a condo. I'm looking at 2-flats. 

I know how to shop for a condo, but wondering what qualifications I should use for an owner-occupied property (house hacking). Is it the 70% rule? 

I appreciate any tips or suggestions. Thanks a bunch!

Natalie

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