All Forum Posts by: Dimitry Peters

Do i need to know sellers who havnt publicy listed their properties? Or can i look at places like msl or zillow or realtor please let me jnow where to look really want to start wholeselling

@Mark Franks how many offers would you say you put in that year?

@Paul Sassin i can do cheap good work

@Martin Vehlow can you explain why detroit? I live in michigan been very intrested in getting my first property in detroit been trying to study the market still learning how though.

What cap rate do you look for when analysing a property? Do you stick by the same percent for each investment? Is there a "best" cap rate?

I do not have a college degree but I recently learned i love real estate and decided this is what i want to do im 22 never bought a home the first problem i have is that i did not claim any income last year i worked for cash in construction. If possible id love to to do a no money down deal or at least get a fha loan along with a mshda (seperate intrest free) which they will give me $7500 for downpayment and im ideally wanting a two unit rental property. I work a low paying job how can i increase my buying power to qualify for the maximum fha loan as well the mshda loan. I need to get approver of a mortgage of id like 180k if anyone has any tips on ways to increase buying power. And has anyone in michigan been through this process before? And also how would i go about im starting a new job and resolving current legal matters also any info on refinancing a fha loan to reduce interest and get rid of pmi? I would also love a mentor im very new to this.