First Timer in Detroit, Michigan

[Alyssa Melotik]

Nice to meet you! My name's Alyssa Melotik and I'm a designer at Ford who's been renting in Detroit for a couple years. As the story goes - someone got me hooked on the podcast, I realized renting = throwing money away, I read rich dad poor dad, and now here I am eager to find my first deal and being the journey of acquiring assets to attain financial freedom.

I'm setting out to buy my first multifamily to live in while renting/househacking (eyes are open for a quadplex). I've found an agent I like and am applying for pre approval on a loan. Would love to hear from you if you have any advise or just want to say hello - especially if you're in the Detroit area.

Looking forward to this invasive yet rewarding rollercoaster of learning.

[Joshua Noth]

Welcome @Alyssa Melotik! I'm not from Detroit myself, but I have plenty of family that lives up in Ann Arbor/Lansing, so I'm at least familiar with the area.

Not so much to help you find that quadplex up there, but just to give you some props for the steps you've taken so far.  It seems like you have a great plan in place and are taking all the right steps to get started, so way to go!  Even after your first deal, continue to learn and immerse yourself (as you already are).  If you ever end up wanting to invest somewhere just ~slightly~ warmer , I just might know a place.

Wish you the best of luck going forward!