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Financing in West Rogers Park : Real Estate Advice

  • All45
  • Local Info10
  • Home Buying14
  • Home Selling1
  • Market Conditions3

Activity 2
Wed Feb 13, 2013
Ivan Sagel answered:
We are currently at historically low interest rates, 2.5-3% on a fifteen year fixed loan. I would not pay off my mortgage early, I would invest in more properties. With 25% down, you can easily cash flow with a 15 year mortgage in many Chicago neighborhoods. Then, in fifteen years, your tenants have paid for your properties and you own them free and clear!

Best regards,

Ivan Sagel
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Tue Jan 3, 2012
Maria Clark answered:
Dear Hase Hukic:

Are you current on your mortgage? How long have you owned it? Are you selling your current home?
These questions come into play when considering a loan to purchase another property.

I can assist you. Please visit my website at

Maria Clark
Infinity Realty Group
312 953 4484
1608 West Sherwin
Chicago, IL 60626
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