Beginning Investor FAQ #4

4. What are common investment options to consider: general cautions?

• One option to be careful about is buying a condo preconstruction with the hope of flipping them. While some have made money, there are others who have lost—and some of them BIG.
  
• Renting out single-family homes can also be dangerous (as tenants can do a lot of damage).
  
• What about Non-Owner-Occupied 2-Flats? It’s true that they require less of a down payment, but rarely does a 2-flat bring in enough rent to cash flow (and so few find this a viable option).

And this is just the start of what you’ll find at www.Chicagoland2to4Flats.info!!!