@Mayer M. I

Michael M.  I

I started my real estate investing journey earlier this year by buying an out of state property in Detroit Michigan with the goal to fix and flip as a turnkey.

Looking into investing in Detroit, MI. 

Like you have a 700k house on a lake in a well to do town in Michigan let's say. 

Quote from @CJ M.: I don't know the answer.

That being said, we have owned a fourplex in a small town in Michigan for about 10 years but had no guidance when we purchased, I have found all the information Bigger Pockets offers extremely helpful and I am grateful in advance to any advice on this thread. 

I have a property in Jackson Michigan under seller financing it was my first time taking this route.

Thanks in advance.  90% LTV product cash out is for primary residence and has no monthly MI pricing is about 1-1.375% higher than conventional going pricing so there is a slight premium for it but it is 30 year fixed and available for those who need the money compared to other options available.You can always transfer to LLC later on once you've seasoned your payment history on the loan for 6+ months to be safe.

Can anyone share lenders that are offering this loan in Michigan.