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@April R. - Welcome! We have an awesome group of Chicago investors who are all about helping each other.
Have you narrowed it down to an area yet?
I also want to suggest a alternative financing strategy.... if you don't currently own any property you can do a 5% down conventional loan program. The PMI is lower and you don't pay the UMIP. Then in 6-12 months you can buy another property with a 3.5% down FHA loan. Essentially using two low money down programs, but it doesn't work if you do FHA first.
This is a strategy almost all my clients use and we plan the first one so that we can get a second one quickly.
- Brie Schmidt
- Podcast Guest on Show #132

Second City Real Estate
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