All Forum Posts by: Keneale McKenzie

Hello everyone 

I have been hearing some great things about delayed financing but it seems so complicated. Does anyone have a simplistic explanation on how the delayed financing option works and how it can be coupled with HUD through Fannie Mae (not sure if Im phrasing this question correctly but its worth a shot)

Im a newbie and have not officially purchased my first property yet but im looking at all options. Is this method good more someone just starting out or should I wait until im more seasoned?

Thanks everyone!!

Keneale 

Thank you all for taking the time to respond with your amazing tips

Anyone know a great property Management company in Detroit?

Hi all,

I recently stumbled onto the world of real estate investing and Im interested in learning all I can. I currently live in NY and I am aware of the high prices for property here. As my goal is to have a means of earning passive income I would like to purchase and rent properties. I have been looking into the Detroit market and was astonished to see such big homes for such low prices. I almost though I was dreaming when I saw homes for 30k but realized that I wasn't dreaming after more research. Since I live so far away from Detroit I figured as a first time investor it may be beneficial to utilize a turnkey company to get started while I continue to learn the ropes, however a few of the turnkey companies I have found seem to have issues with communication and even with some of their affiliates such as property management. I really want to take the leap and so would appreciate any advice or referrals for turnkey companies working in the Detroit area.

Thanks a lot

K