Purchase price: $110,000 Cash invested: $2,000,000 399 Helmericks Ave includes 3 warehouse/shops totaling 60,000 sq.ft. and office space totaling 7,000 sq.ft.

I feel like by coining the word 'househacking' we've made it into this new, shiny, crazy thing and it's not.

This contract includes an exclusivity clause to prevent your clients from bypassing you and going straight to the lenders to cut out your commission. 

It's a 4 bedroom SFH for $325k, built in 1990 and it's got many upgrades including a 2024 roof.

Feel free to DM me if you need a few referrals. 

I know they’re an essential tool for analyzing a property’s financial performance, but I want to ensure I’m approaching them correctly.Could anyone share examples of what a good T-12 looks like or highlight key items I should make sure are always included?

@Jesse Streng Great that you want to invest in the Detroit area but I encourage you to come to the city and spend a weekend here to get a feel for the market.

Hop on Airbnb and scan nearby properties of similar size to get a feel for what they offer at the price points charged.

Feel free to ask anything, anytime.Cheers!

Lenders see all, including how little margin some flippers are operating on.