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Updated over 10 years ago on . Most recent reply

User Stats

48
Posts
6
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Justin Simpkins
  • Homewood, IL
6
Votes |
48
Posts

Chicago 6 Unit $199k

Justin Simpkins
  • Homewood, IL
Posted

Sale Price $ 199k

Repairs $95K

Address 6029 Eberhart, 60637

You can get the financing from this company called CIC (Community Investment Corporation). CIC will finance 80% of the acquisition and rehab. They like to finance properties that provide LOW COST or affordable housing. They lend money for properties in Cook, Dupage, Will and other counties throughout Chicago. What's even better is that their financing for commercial loans have very low interest rate - ONLY 4.5% p.a.

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