Whose looking to invest in SE Michigan

[William Patsalis]

Hello BP!

For anyone interested in investing in SE Michigan, I am hosting a Q&A forum next Wednesday (10/26) via Zoom at 7PM. I have partnered with one of the best investment lenders in the state in order to answer any questions you may have about the market, the buying process, or anything else you may be concerned about. Starting out as a new real estate investor is intimidating at times. We have set up this Zoom to better educate and prepare new investors on what to expect when closing on their first deal. Metro Detroit is a booming market that can provide great returns on your investment! 

For those investors that aren't from Michigan but are interested in out-of-state investing this could be a great opportunity to learn, ask questions, and connect with professionals in a market that can provide great returns. Much of Metro Detroit is young, vibrant, and trending upwards. There are so many diverse neighborhoods which provides flexibility to you as the investor because you can choose the class of tenant that you want to rent to.

Overall, we plan to make this forum a welcoming environment for all new investors and provide valuable information and guidance for those just starting out. If this is something you may be interested in please reach out! 

[Drew Sygit]

@Michael Clark FHA 203(k) loans, which allow a buyer to include rehab costs in their purchase mortgage, are only allowed for owner-occupied houses (1-4 units).