Mark's Blog

Multiunit buildings- Your key to success

February 24th, 2015 1:12 AM by Mark Malave

UNDER CONTRACT 6625 N. Ashland Ave.

I recently sold this building to a buyer in my neighborhood. For many years I have preached that buying a 2-4 unit building is a very smart purchase for a first time buyer. The additional rent can help you pay off the building faster, reduce your mortgage, pay for maintenance and eventually make your cost of living zero as rents rise over time. Never has there been a greater opportunity to purchase at a low interest rate, low down payment and high rents as exist right now. Prices are creeping up slowly, so as the saying goes "time is money". If you are considering buying a condo, this purchase should be at least part of the discussion going forward. Let's sit down and talk about creating a living situation that you can't afford to ignore. 
Posted in:First time buyers and tagged: 6625 n sheridan
Posted by Mark Malave on February 24th, 2015 1:12 AM


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