Someone that can come in with high % equity (maybe 1031) it would be great long term and short term cash flow with a lower loan amount.I’m in the realm where I can afford it not a big enough dent where my life is being changed at all really.

I own a nice, large home in Laguna Hills, Ca that we could no longer afford to live in.

I'm currently based in California FWIW.Detroit has a lot going for it: affordable properties, a solid rent-to-price ratio, and a ton of neighborhoods with strong rental demand.

House hacking is the lowest risk way to get into REI as long as you take on a mortgage you can afford on your own income. 

And buyers simply cannot afford to add to their DTI due to the lack of affordability and looming employment issues over our head.No one will sell, unless they are forced to.

A lot of investors based in markets like California and New York are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

How do you increase your income or raise capital to afford more down payments every year.

If so they would have sold their house for (ultimately) $75,000 more than they did; received 9% interest (probably as much or more than if they invested the proceeds) on the amount they were waiting for, and if by some small chance the borrower/buyer defaulted, had an opportunity (along with the frustration, cost, etc) of reselling the property and obtaining a “windfall” profit.2.

I’m noticing that rent rates are surprisingly high compared to the somewhat competitive and affordable housing pricing.Single-family homes, some new construction are going for mid 300’s and rent is usually $2500 or higher.

If you can afford it, or even if you just MAKE IT HAPPEN if it feels a little out of reach, I highly recommend it.