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Updated about 9 years ago on . Most recent reply

User Stats

23
Posts
16
Votes
Maria Besbeas
  • Investor
  • Buffalo Grove, IL
16
Votes |
23
Posts

Newbie and SO HAPPY to have made the plunge

Maria Besbeas
  • Investor
  • Buffalo Grove, IL
Posted

Hi everyone!

I just got my first accepted offer on a buy and hold two unit house in the Northern Suburbs of Chicago. Both units need work, but I think the property has great potential. My goal is ten rental properties in the next 18 months and I'm really excited that it's finally happening (or at least starting). Zestimate on the property is $201k. Asking was 100k. Purchase offer is for $75k. Thinking this is a killer deal, but to be honest, I'm scared to death. Is that normal?

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