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Updated about 7 years ago on . Most recent reply

User Stats

620
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386
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Shawn Ward
  • Real Estate Investor & Consultant
  • Los Angeles, CA
386
Votes |
620
Posts

Need suggestions on lenders in Metro Detroit

Shawn Ward
  • Real Estate Investor & Consultant
  • Los Angeles, CA
Posted

I am a Detroit expat who's been gone to NYC for 15 years. I am coming back now to invest in real estate. I am looking to purchase in the suburbs where there is currently a higher owner occupancy rate. Particularly Novi, Northville, Plymouth and Canton. Thus I am not looking to do an all cash deal. I need a mortgage. 

Can someone recommend:

1. local mortgage co's/lenders to apply with?

2. Suggestions on if I should get a traditional loan or a line of credit (the goal is to buy, rehab and sell...hopefully within 90 days). 

Thanks so much!

Shawn

Most Popular Reply

User Stats

133
Posts
36
Votes
Jeff Lipple
  • Wholesaler
  • Utica, MI
36
Votes |
133
Posts
Jeff Lipple
  • Wholesaler
  • Utica, MI
Replied

Hi Shawn, I know of several local lenders.  Feel free to PM me and welcome back!

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