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Ep #104 - AJ is living for free and is on the edge of "job replacement income." Saving $10,000 for a down payment A.J. purchased a triplex with a FHA loan in Chicago. Refinancing out of the FHA and using a home equity line A.J. found an off marke

Anthony A.J. D'Asaro – AJ is living for free and is on the edge of "job replacement income." Saving $10,000 for a down payment A.J. purchased a triplex with a FHA loan in Chicago. Refinancing out of the FHA and using a home equity line A.J. found an off market deal and purchased a 2nd building, a fourplex.

Here's some of what you will learn:

What is functional obsolescence?

See as many deals as you can.

Finding an underpriced property in Chicago.

What is PITI?

Renting by the bedroom – pros and cons.

What is a HELOC?

Why to be cautious about a HELOC.

The pros and cons of quitting your job…

The skinny

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