Here are the details:Lower Floor: Already functioning as a separate unit with its own meter, entrance, and bathroom, currently rented to long term tenant who would like to stay, post-sale.Main Floor: Has its own entrance with immediate access to an upstairs.

Vanderbilt Health is one of the top heart transplant programs in the world, something many of us, myself included, may need in the future.

Learned about clean out, demo, plumbing, HVAC, electrical, flooring, design, floor plans, functionality of a home, landscaping, and all the nerves and excitement that come with this business!

Learned about clean out, demo, plumbing, HVAC, electrical, flooring, design, floor plans, functionality of a home, landscaping, and all the nerves and excitement that come with this business!

There's loan programs that exist that provide the rehab capital needed to fix up the house but access to those funds are at an "after the fact" discretion. 

Mine has a life-long learning program offering over 140 classes in topics that include some popular software packsages. 

James,There are several grant options and DPA program out there have you reviewed all of your options and compared them to BOA? 

Unfortunately most of the turn key programs are geared towards these lower barrier neighborhoods because the margins are low and the low barrier neighborhoods are where the turn key providers can generate necessary scale so be mindful of this when you are conducting your diligence. 

If you're looking to build a rental portfolio in Detroit, I would suggest utilizing government programs like section 8.

Customers with good credit end up paying more when they use a "Broker" or Lender who are simply the "middle men".The other thing is there are new programs that only require 15% down for 2-4 units and almost all lenders and brokers require 20% to 25% or more for 2-4 unit multifamily investment purchases.