Detroit Rental Property
Investment Info:
Single-family residence buy & hold investment in Detroit.
Purchase price: $17,000
Cash invested: $24,000
Own free and clear, rents at 800/mo
What made you interested in investing in this type of deal?
Cashflow's best in the Midwest.
How did you find this deal and how did you negotiate it?
Wholesaler
How did you finance this deal?
Cash
How did you add value to the deal?
$7k rehab to get rent ready and added 3rd bedroom upstairs.
Most Popular Reply
That is an underrated area that I like if you ever need any eyes for more properties or recommendations I can always help.