Archive for April 2011

8-flat in Chicago, IL - Posted April 13, 2011

Looking for financing on fully-occupied 8-unit in Chicago. Sales price $200,000; building value $280,000. Rent is low in that area, each unit is going for an average of $425/mo. Borrowers have credit in the 500′s — excellent repayment history, except one has a 1×90 on a Capital One card and the other has a medical [...]