@Chris Seveney I'm concerned about having $$$ for repairs when needed.

Quote from @Chris Seveney: Quote from @Eric Henson: Do you guys ever take the risk of buying a foreclosure at sheriff sale with the previous owner still living in it?

Ideal if you're short on cash upfront, but be prepared for higher monthly payments.Conventional Loan: @Chris Seveney and I agree conventional is your better option.  

Hey @Chris Garnes, we can certainly provide several solutions for you.

Quote from @Chris Watson: I requested a few days ago on several properties and am waiting on their decision.I didn’t know you could actually request for it.

Quote from @Chris Seveney: Quote from @Peter Fife: Quote from @Chris Seveney: OK.

@Rae Chris Ann Arbor is pretty expensive, so difficult to find cashflowing rentals.You may want to look in Ypsilanti - if you want to stay in your area.Otherwise, Metro Detroit offers a LOT of options.Read our copy & paste below for some helpful info:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Quote from @Chris Seveney: Quote from @Les Armour: Has anyone who invested in non performing notes at Prereo actually been paid after selling the property?

Quote from @Michael Penny: @Chris Seveney what encouraged you to move to Madison vs staying with Inspira(?)?  

Quote from @Chris B.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.