
12 June 2024 | 7 replies
If Class C or D, then it may be deferred maintenance issues or tenant issues.If Class A or B properties, you should be digging deeper to find out what's going on.

11 June 2024 | 15 replies
Don t sell furnished unless you are not purchasing another property to be used as a STVR.Don t bet on appreciation of RE to rescue you from a property.

11 June 2024 | 116 replies
David Greene does seem to be telling people on the BP podcast to not invest in C or D neighborhoods unless you grew up there.
9 June 2024 | 8 replies
If the cabin were cash-flowing, we might use the excess cash to continue paying the loans over time and bet on the equity growth to continue to be a positive for us.

8 June 2024 | 22 replies
Is there an area near you that you want to bet on?

8 June 2024 | 21 replies
@Carolyn Guertin investing in Detroit should be done on a block-by-block basis.That's actually difficult to do, so we ranked 104 of Detroit's Neighborhoods on our site as Class A, B, C or D to help investors make better decisions and NOT get ripped off.NEVER try to invest in Detroit using zip codes!

6 June 2024 | 2 replies
Looking mainly Class C or Class B properties - professional, students, small family renters target.

3 June 2024 | 10 replies
Most DSR lenders want minimum loans (not purchase price) of $75-100k.For apartment buildings, your $125k equates to around $400-450k purchase, as you'll also need closing costs and improvement funds.Depending on where you buy, this price equates to a Class C or D property.

3 June 2024 | 2 replies
If you buy the right property you can even reduce the new COR rate if you apply some of the NOI cash flow to the higher rate payment each month.Similar to a Bi-weekly payment it reduces the years owed and the overall rate by accelerating the payoff.

31 May 2024 | 16 replies
@Ken Chen under $50k => either Class C or D properties, neither of which we recommend be DIY managed remotely.Pontiac & the City of Detroit have properties that will meet these requirements, but are you ready for the corresponding challenges of dealing with low-income tenants?