Private lenders for Michigan properties ?

[Jay Jonez]

Hi my name is Jay Jones, I'm a wholesaler in the Metro Detroit market. I'm looking to expand into buying assets to build passive income. I want to use the BRRRR method to buy my first property, I prefer to get a duplex but not canceling out single family properties. I'm looking to buy in the suburbs (Southfield, Oak park, Warren, Sterling Heights, Redford etc.) . Not interested in the Detroit market unless it's in the historic areas.

I would like to know what private lenders are on BiggerPockets? Also what there ending criteria is?

[Annette Hibbler]

I'm a licensed Realtor and investor residing in Livingston Cty and work with investors as well. We've used a number of lenders for our Michigan rentals and my husband is now a broker for one of them. What sort of value are you looking at? The property has to be valued at a minimum of $75K. They do up to 4 units and the rate is based on credit but they don't look at your finances or require any bank or tax details. They focused exclusively on the value of the property.  Let me know if you'd like more info.