Purchase price: $160,000 Cash invested: $45,000 My parents my wife and I own the property next to this one.

On top of that, the rent-to-price ratios in Detroit often outperform other markets, which can mean solid cash flow alongside appreciation potential as the city continues to grow.The key with Detroit is understanding the nuances of the market—it has a large footprint, and neighborhoods can vary drastically, even block by block.

While permits for ULS may take up to 1.5 years, MDUD projects can proceed faster, provided all requirements are met.Let’s break down the numbers for San Ysidro, a promising area for development.

A cash-flowing, large lot, alley loaded duplex that needed a new roof, painted and new floors.

It was all really quick, and the time to complete everything happened a lot faster than I expected (which was a good thing).I was worried at first that I had to use all the partners that Rent to Retirement had, but it was really easy for me to shop around for different lenders with different terms and rates, insurance providers, and property management company.

Buy your next property with all cash, fix it up with cash, and then do a cash-out refinance afterward.

Benefit – Boilers tend to last longer and provide even, comfortable heat, but forced air allows for central A/C, which can be a selling point for tenants.

Our bank will let us use equity that exceeds 25% across multiple properties that are either owned free and clear or where they hold the first so long as the deal still cash flows with however much cash is brought to the table.

Any tips for finding cash buyers?

Purchase price: $850,000 Cash invested: $500,000 Sale price: $2,250,000 Purchased , knocked down, built new from ground up What made you interested in investing in this type of deal?