I guess to get a definite answer I'll have to cold call to get see if all these people are behind on their payment or it's just a standard practice behind some salesmen!

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

You can google or search on BP for definitions of cash on cash, cap rate, etc.

Detroit can be a fantastic market with strong cash flow and good appreciation potential, but it’s definitely a unique place with its own quirks.Starting with cash is a smart move, especially in Detroit, where local knowledge and relationships can make a huge difference.

The advice I have received is that HELOC’s should be used for short term loans only with a definite plan to pay it off. 

If it's a massive budget, lenders may peak in a bit more, but definitely doable. 

I am definitely hosting at least 1 open house every weekend and that is actually how I found my first clients!

Hey Heidi, you definitely are smart to do your due diligence and make sure you fully understand the investment and the risk involved before diving in.

I definitely need to check out local real estate networking groups.  

The definition, like so many other words, has been replaced with what was that of desire.