Funds are beginning to run extremely tight.   

I'm a real estate investor in other parts of the country but not NY due to the extremely high buy in price.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

This normally would not be an issue but the cost of the water/sewer is extremely high in this area and specifically because the meter is a one inch, the costs are much higher than a normal 3/4 inch on a non-duplex. 

There are an extreme amount of silly codes out there that obviously have nothing to do with safety.

I don't want him to be my brokerage sponsor because he will want me to look at MF deals, which has extremely slowed down in the past few years.

However, from my research, it's extremely difficult to find any cities where the properties cash flow other than places like Cleveland which has its own set of drawbacks.

Quote from @Beau Wollens: Quote from @Corby Goade: Quote from @Beau Wollens: Hey Everyone,I am an extremely novice real estate investor looking for some advice on an opportunity I have on the table.

Heya Ethan.I've completed 7 secondary suite renovations/developments now and it is extremely difficult to do a true BRRRR where you pull every dime back out again after you refinance.

Those are old enough to see some that need extreme updating and could potentially have value add component with a decent spread.