There are some exceptions in each market where the neighborhood is really nice and there are a huge variety of finishes / price points but I still would want to be with the comps of whatever price point I am shooting for. 

Obviously if the value is low that's one thing, but what if I pay and they deny me for some other reason?

Learn by doing, not by paying.You can do all the right things after spending $40,000 on mentoring and not end up with any real estate.If you invest in a project.....very low chances you end up with nothing.   

Is it this one: https://www.loopnet.com/Listing/3630-Trowbridge-Ave-Clevelan...If it is, very challenging to put something here considering it's a residential neighborhood and there's probably a lot of work to do to get it up to snuff... cocktail bar might be a tough sell given demographics but otherwise could be an interesting project!

Now, one month later, I’m called to face this situation.My energy level was low.

If the rate is low you'd be much better off finding solutions other than refi (pulling personal loans, second positionAlso, what's your credit looking like?

This is in Detroit, in the Morningside neighborhood.

My property is in the La Prada neighborhood but in Mesquite ISD if that helps.I know that area pretty well.

I wish I bought more in this neighborhood.

Great Buy and low interest rate. 3.5% How did you find this deal and how did you negotiate it?