All Forum Posts by: Dustin G.

Would it be a good idea to use seller finance to buy a rental property if you can’t get financing. Or look into using hard money/ probate lender?

@Scott Matthew C.how is the cash flow in the Westland market? Do you invest in buy and holds there?

@Gary Carver thank you. Do you work directly with those investors?

I am looking at buying long term rentals in the Inkster, Michigan area and was wondering if anyone has or had experience in that market?

@Ali Boone thank you and great article on LLCs

I own a condo in Naples Fl that I live in seasonally (summer months) and rent out for vacation rentals in the winters. It is my primary residence.

When I don’t live there, I live and work in Europe where my housing is paid for. My question is: would it be smart to take my rental income which I get in advance and pay down my mortgage in bigger sums or should I just continue to pay the normal monthly payments?

M rental income basically covers my mortgage for the year so I break even but it’s not a property I got to based on investing. It just happens to work out that when I am not using it I can rent it out for a premium price.

@PJ McLaughlin thank you for that information! I appreciate your help

@Antoine Martel I plan on paying cash for the property.

I am looking at purchasing my first long term rental property and was wondering if setting up an LLC would be beneficial before purchasing the rental home?

Looking to do something similar in the Detroit area as well.  Inspiring story and house looks great!