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Detroit Real Estate Investor
I am an investor in Detroit near Grosse Pointe and am looking for fellow investors. My partner and I have bought and sold around 70 houses this past year and have the area down to a science. If anyone is looking to purchase an investment property in this area feel free to message me.
Typical Deal
1. $29,000 Purchase
2. $12,000 Rehab
3. Recent Appraisal supporting 120,000 ARV
4. Full System to Rehab in 4 weeks
5. 40%-80% Cash on Cash Return
6. Systems in place to Sell property at Retail