New to Investing in Detroit

[Duncan Stafford]

Hi all

My wife and I have just completed our first real estate investment. We bought a SFR here in SD (primary residence) fixed it up, added an ADU which we now rent out and just refinanced.

We are now looking to put our equity to work in some out of state rentals using the BRRRR strategy. After much research Detroit has come up as an area to invest due to city growth, a rebounding job market and a lower cost of entry into the market compared to other popular options.

We are looking to connect with wholesalers, realtors / investors and some trusted contractors to embark on purchasing some properties. Ideally looking for Multifamily but will also consider SFR if the numbers make sense.

Look forward to hearing from you soon.