We have managed to build a solid liquid nest egg, but I'm hesitant to lock the majority of it up in a low LTV mortgage on a really expensive primary residence.

We already paid them a pretty sizeable entry fee ($30k) to cover some of their equity and debt in another project.

Investment Info:Single-family residence fix & flip investment.

Investment Info:Single-family residence other investment.

Hennepin County, No. 22-166, Slip Op. at 14 (May 25, 2023) ruled property owners can reclaim any surplus equity resulting from a tax sale.

I am creating a LLC in MD and am looking for a Resident Agent.

Congrats on orthodontic residency, though I know residency will be time consuming as well. 

Also, do you plan on putting a certain % of the equity into the deal or will your LP put in 100%?

Wholesaling can be a great way to learn a market and build capital, but holding rentals can provide steady cash flow and equity growth over time—especially in markets like Detroit, where entry prices are lower and rents are solid relative to costs.If you’d like to learn more about navigating Detroit, feel free to reach out—I’m happy to share some resources or insights from my experience.Best of luck in whichever direction you choose!

Do you currently have equity in any of those homes?