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5 October 2024 | 1 reply
@Saurabh Kukreja we don't recommend investing via zip codes - too broad of an area.We've mapped out all of Metro Detroit and categorized Cities & Neighborhoods by Class A, B, C, & D.We take assisting investors very seriously, just read below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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5 October 2024 | 3 replies
Expect a down payment of 25-35%.Loan Eligibility (New Build vs.
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7 October 2024 | 15 replies
I know this is a lot, and I do not expect a reply that replies to each thing I mentioned... although that would be nice.
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4 October 2024 | 6 replies
Expecting to open BLOC of 150 k and my own money of about 100k so should be able to flip quite a lot..trying to get away from w2 grind
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5 October 2024 | 11 replies
Did the appraisal come in lower then you had expected?
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4 October 2024 | 12 replies
How much equity do you currently have in the property, and do you expect it to appreciate enough in the next six months to qualify for a HELOC?
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4 October 2024 | 8 replies
.-- Expect a grace period of two months once the new regulations are enacted into law.
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4 October 2024 | 4 replies
As for protocols, just make sure to set clear expectations—cleaning schedules, payments, and house rules—so everything stays smooth during the longer stay.
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4 October 2024 | 8 replies
Not everyone is fit to be a landlord and I don't know what expectations were set when you first bought it.Regarding him not working on the house since he started dating someone, you need to politely tell him that he has obligations that he committed to.
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5 October 2024 | 2 replies
.• Person C is still alive and will be selling the real property today for $290,000 with an expected net profit of $235,000.Overview of Ownership and Basis Calculation1.