Investors - Take a look at this!!! Incredible new loan product available from a hard money lender with current rates very competitive with a Jumbo loan. This loan product QUALIFIES THE PROPERTY AND ITS POTENTIAL FOR AIRBNB/VRBO RENT BASED OFF OF AIRDNA PROJECTIONS!!!!Yes, you heard that right. get a loan based on the AirDNA projections for the property. For example, the 3BR/3BA unit projects on AirDNA to gross $107,500, the 2BR/2BA $90,900, the 1BR/1BA $49,200 and the studio unit $45,500. That is almost $300K of yearly revenues on this property that the lender will count! What's the catch?? You must have 30% down payment and it does require a 700 credit score for the applicants. LLC's with outside investors are allowed. Build your real estate empire NOW with this amazing Gold Coast property and loan product!!
MLS# | 11917987 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1881 |
Days On Site | 355 |
Listing Provided By | Keller Williams Premiere Properties | John Wright |
Bed(s) | 6 |
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Bath(s) | 6 |
Garage | 4 |
Basement | Y |
Zoning | MULTI |
Acreage | 0.04 |
State | IL |
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County | Cook |
City | Chicago |
Zip Code | 60610 |
Area | CHI Near North Side |
School District | Lincoln Park High School |
Elementary School | Ogden Elementary |
Middle School | Ogden Elementary |
High School | Lincoln Park High School |
Listing VS Median (in 60610) | |
Price: $2,995,000 low | high Med: $469,000 On Site: 355 low | high Med: 78.000000 |