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All Forum Posts by: Jake Hemrick

Jake Hemrick has started 2 posts and replied 2 times.

Post: Thoughts about properties in Detroit?

Jake HemrickPosted
  • Involved In Real Estate
  • Franklin, IN
  • Posts 2
  • Votes 0

There has been a lot of talk about property in Detroit. Some properties in Detroit are going for $500 or even less in some cases. This seems like an opportunity for buy and hold. The city will rebound at some point and I feel like there could be huge returns on these properties. Very tempting. What are your thoughts?

Post: New young investor

Jake HemrickPosted
  • Involved In Real Estate
  • Franklin, IN
  • Posts 2
  • Votes 0

I am a 21 year old investor/ real estate broker and student at DePauw University. I have no credit so a conventional loan is out of the question. I am looking for hard money lenders willing to work with a young but reliable investor. Where can I find these people?