Foreclosure in O'Hare>Question Details

Florinda, Home Buyer in Chicago, IL

is this property rentable?

Asked by Florinda, Chicago, IL Sun Feb 10, 2013

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8
Natalie Colon’s answer
Are you interested in finding investment properties? Are you currently working with a broker? If you need more help, my email is: nccolonn@gmail.com I would be happy to answer any questions you may have!
0 votes Thank Flag Link Fri Mar 15, 2013
Work with a Realtor to help you find properties that meet your budget.

Be prepared to provide your income, credit, and rental histories.
0 votes Thank Flag Link Sun Feb 10, 2013
It appears it can be rented.

If your looking to buy, get a good agent to help you out. Its free to use their services.
0 votes Thank Flag Link Sun Feb 10, 2013
There is certainly a market in the area for it as a rental. What is allowed will be found in the condominium rules, regulations and declaration documents. As others have suggested, engage a Realtor to act on your behalf and they can find out for you.
0 votes Thank Flag Link Sun Feb 10, 2013
Florinda,

You should work with a broker to help determine if the property can be rented. Each condo community has different rules about rentals.
0 votes Thank Flag Link Sun Feb 10, 2013
You can rent it if you buy it as an investment. Was that your question?
Web Reference: http://Www.markmalave.com
0 votes Thank Flag Link Sun Feb 10, 2013
Yes, but this unit is just for sale.
0 votes Thank Flag Link Sun Feb 10, 2013
Most of the time when it says For Sale they are looking to sell and move on, not become a landlord. Most often the seller needs the money from the sale to buy something new and until they do they have no home if they rent it to you.
0 votes Thank Flag Link Sun Feb 10, 2013
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