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Updated almost 5 years ago on . Most recent reply

Shakira Patterson's profile image
Shakira Patterson's profile image
Shakira Patterson
  • Rental Property Investor
  • from Chicago, IL
  • Member since Aug 31, 2020
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Shakira Patterson's profile image
Shakira Patterson's profile image
Shakira Patterson
  • Rental Property Investor
  • from Chicago, IL
  • Member since Aug 31, 2020
Connect
Shakira Patterson
  • Rental Property Investor
  • Chicago, IL
0
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7
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Real Estate News & Current Events

Obtaining A Rental Property With Occupants

Shakira Patterson
  • Rental Property Investor
  • Chicago, IL
Posted

I found a great deal in my area to purchase a 3-flat unit. The property is currently fully-occupied with long term tenants. I ran the numbers and if purchased the property I could instantly obtain roughly $1,000 in immediate mthly cash flow.

I’m wondering if there is a way I can purchase this property creatively, potentially with little to no money down.

Is this unrealistic or is it possible to do? Open to suggestions.

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