Question to you then - how and when did you acquire the properties you have now?

With hurricane season now over and the house would (hopefully) be sold well before the next one I am curious if anyone has any seen any change/decrease in sales with areas that have flooded recently?

Additionally, you could explore options like a short sale or deed in lieu of foreclosure.

Purchase price: $205,000 Cash invested: $165,000 Sale price: $455,000 Gut of existing single family shell.

If so, would you be willing to provide the details of the sale?

My wife and I are limited on funds, but what I've been hearing on podcasts and YouTube videos about Repository Sales seems promising.

There’s not really a lot of value add opportunity or sales comps in this space for our area.I typically (BRRRR) purchase fixer uppers with cash, fix up, rent, then refinance on a DSCR and get all of my money back.

This affordability gives investors the chance to acquire valuable assets while taking advantage of the potential for appreciation as Detroit continues its revitalization.Another benefit of investing in Detroit real estate is the city's growing rental market.

I was the sales director for both developers & also owned an independent brokerage, Pointe West Properties, and managed up to 64 homes in the community or West End.

1) an investor will pay the least for your house.2) An assumable loan will only help if you owe at least 8-%, preferably 90% or more if the sales price for an owner occupant who will pay the most. 3) it’s been a VERY slow winter.