Detroit is a street by street city not area, or zip code.

We decided to focus on time home buyers, which is typically a young couple with kids looking for; a good school district, a backyard, 3bed room two bath, home, two car garage, a basement, an updated kitchen and bathroom, all painted an interesting neutral color scheme.

If not, you two are going to buy something out of state with no experience and take a dirty bath.

Here's an example of what the journal entry looked like on 12/31/2019 for the two projects I had in progress in one of my companies:In this case, I was $84K into my 21st Street project (not yet completed) and $176K into my N Morgan project (not yet completed).Now, when you run a P&L through 12/31, you see that these two amounts are credited back to the COGS, so these costs aren't recognized in that tax year.  

I was already a licensed agent for 3 years @ that time, I was already doing a short-sale across the street, asked the seller if he knew anyone in the neighborhood looking to sell, & the rest is history as they say....I ALWAYS wanted to do a fix & flip, & this was my BIG CHANCE!!

You knew there was a cemetery across the street, but is it the view of the cemetery that bothers you? 

For me when I'm estimating rental income I start by looking at the area for active listings <40 days old with similar characteristics to the home you're looking at purchasing (trying to find same bed/bath count, and same amenities like in CO homes with a fenced yard do very well because everyone has a dog).

It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by Month$/SF remained unchanged from March, now at the highest level in the last 13 months.

Good morning, has anybody had experience using Center Street Lending for loans/DSCR loans?

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $84,000

Cash invested: $45,000

Sale price: $170,000

This was my first flip with a partner. I contributed by put...