Category: Distressed
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Bank Owned New Construction Homes In Chicago and Suburbs
In today’s Real Estate Market many buyers are taking advantage of builders who purchased land and started to develop property right before the bubble burst. Purchasers in Chicago and the Suburbs are finding spec homes and condos under the price of what it costs the builders to actually build today. In the height of the…
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Distressed Chicago Multi Family Investment Properties
A study by DePaul University’s Institute for Housing Studies found that $3 billion of multi-family property mortgages already are in foreclosure, affecting more than 32,000 rental units in Cook County. This includes both multi unit 2, 3 & 4 Flats as well as multi-family 5+ units. But that is just the tip of the iceberg…
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Invest in Commercial Debt not Properties
When you invest in commercial debt properties, you can earn a significant return and the initial investment is far below the par value. In some transactions, you can buy first and second mortgages with higher returns than you could get if you invest in the building and you do not have to concern yourself with…