@Paul Whitney Detroit property values increased over 20% in 2024:https://detroitmi.gov/news/detroit-home-values-increased-ave...https://www.cbsnews.com/detroit/news/detroit-home-prices-amo...https://www.detroitnews.com/story/news/local/detroit-city/20...DM us if you'd like more info...

NAR Says - Existing home sales fall to lowest level in nearly 30 years and Median housing prices rose to a record high"The National Association of Realtors released data that showed existing home sales declined to the lowest level since 1995 last year, with 4.06 million homes sold on an annual basis.Meanwhile, the median home price median home price rose to a record high of $407,500 in 2024."

They have used Guesty, Hosty, and price labs to name a few. 

Do you have a total price range you're looking for, or maybe a cost/door?

My wife and I have moments where we think maybe we should just cancel this but then we get excited about the new adventure and path it could put us on if we do move forward with this.

If there isn’t significant equity capture at this purchase price, and it’s not in a great location, this would be a pass for me.

Quote from @Frank Pyle: You can refinance with conventional but value of property for LTV purposes will be capped at purchase price plus documented upgrades for the first 12 months.  

Look forward connecting with you, I recommend reaching out to Sean Daley.

What i struggle with is pricing since i notice I'm usually one of the higher priced in my area.  

While the prices are attractive, I'm concerned with its long term viability.