So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.

I am looking for a firm that has experience appealing property taxes for residential homes in Detroit, Michigan.

Also, be sure to notify your insurance company that while you are still living on the property, you also have tenants. 

Just those residing in the home

Depending on your current rate or if the current loan is short term or long term.

If someone has a 2.5% loan they ain’t gonna move get less house just to pay more in interest.

Hi Shayan,It definitely doesn't hurt to get another quote from a different GC for sanity check.DSCR loans won't work if the property is not rental condition and it won't fund any of your rehab budget.

Lastly, if you need help with a loan or want to talk, shoot me a DM or email!

You'll notice in new construction areas they tend to build the homes on a pyramid. 

So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.