*Look for properties where you can gain immediate equity by buying at a low price.

Instead of moving into another single-family home, consider house hacking a duplex or triplex, this allows you to use low down payment loans (FHA, conventional) and offset your mortgage with rental income, accelerating your path to financial freedom.

Low entry costs How did you find this deal and how did you negotiate it?

So happy for this young man and his young family.One of my bizz partners years ago and mentor.. ( he was President of a fortune 500 company) we belonged to the same country club in Napa.. him in his mansion on the Hill me on my house down in the low lands..

I will say that during that time, the HELOC interest rates were very low.  

And, just maybe you’ve purchased at a point where Detroit has hit its low, bottomed out, and is set to reverse trend and grow.  

That’s why you get a discounted interest rate and a lower downpayment, because owne occupant properties are low risk. 

You can have an increase in population and still have a low demand for rentals or a low enough demand that rental rates do not outpace T&I for awhile.

It is not low cost.. you need 7-8 rooms per house to make it decently profitable. 

I have heard about low cost granite / stone, i just don't know where to get it.