Financing in Ann Arbor

[Nerissa Sarantos]

Hello! I am a new real estate agent and designer in Ann Arbor. I have family members and contacts with 10+ years experience investing in real estate. Because Ann Arbor isn't the $100k or less housing market, I'm wondering the best way to finance $300k-400k homes with $50-70k of investment funds from fam and friends. Other ideas? It seems conventional lenders want the property mortgaged in the investors names and that's not something anyone is interested in doing. Would appreciate any direction in financing rehab/investing opportunities here. Thanks!