He came to me to help him find someone. here is rundownhome - 650k1st -160k2nd-90kself employed (appraiser)bank statements -130k credit 690also has a rental value 230k1st -45khe was trying to do a Hometap on OOC but didn't fly due to a small balloon on the end of his 1st mtg.

There have also been a handful of other properties where we we would have put offers in but were too slow, even though we were viewing the property within 3 days of it showing up on MLS. 

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

A deal may have a good cap rate, but when you factor in repairs, acquisition costs, and debt service, you could still be under water. 

I'm no in GR, but I am in Michigan. 

What can happen is PMC 2 charge you 4%, but when an offer comes in they may have to negotiate with you to include the other agent's commission in the sales price, which may cost you depending on what the property appraises for.

Could be self inspection (photos) but it's not uncommon and most are done by third party inspection companies.

This will allow you to take on bigger deals with your cash on hand.LTC is a ratio with the potential to limit your loan amount.

I know there are some amazing opportunities in both of these markets but if I was leaning toward one right now from what we have available I would go with OKC, looking closely at tax rates. 

I'm mostly retired now but wanted to say hi and welcome you.