Looking for contacts in Detroit for purchase of apartment building

[Filipe Matos]

Hi all, I am looking at the possibility of investing in Detroit Dowtown - apartment buildings.

I would like to be in contact with wholesalers, agents with experience in buildings sales, mortgage brokers, accountants. laywers and investors that have some knowledge about the area. 

About me:

- I might have around 100K cash available by the end of the year, and for the second property , more than 150K.

- I am not US resident, so financing will be an issue

- I would start small with a 3+Plex to learn the ropes and see if I can trust the market and people I will be working with

- I am used to have big renovation jobs including full plumbing and electrical work done.

Now, why am I looking at downtown Detroit and not suburbs? The tenant profile  I am used to work with is young professionals that are willing to pay higher rents to live in cools apartments in the core of the city, close to trendy coffee shops/restaurants. I think Downtown Detroit is not considered cool, there is some security/criminality issues, but I heard rumours that artists/tech/financial employees are moving in.

 Also, I do not like to have to manage single family homes, I prefer to have the most apartments under one roof and Downtown is the place that may have those kind of properties.

Thanks in advance for your help

Filipe