Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Most people target a number and it like a greyhound chasing the fake rabbit, you consistently move the needle and never get there.

When you do find a broker, make sure you sound credible, can tell them what your buy box is, and are targeting deals that you can close.

What type of properties do you target?

FHA limit is 3 homes or less that you broker yourself, or a maximum quadplex if you live in one of the units, and you cannot use any kind of agent nor discriminatory advertising (IE you can't advertise "no disabled people" but you cannot be held liable under the act if you do discriminate this way). 2.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

You can advertise it on local Facebook groups and short-term rental Facebook groups as well.

At the end of the day, DSCR loans are a moving target when it comes to your final cash out proceeds.

If for any reason, the Prospective Tenant(s) fail to complete all move-in requirements by the above listed date, the Landlord will return the property to public offering and the entire binder sum will be forfeited to the Landlord for expenses including, but not limited to, lost rent, holding costs, advertising costs, and marketing costs.