That said, Detroit is very much a block-by-block city, so local knowledge is critical to avoid issues.If you’re serious about learning more, feel free to send me a DM.

Again with tax auctions, some kinds of tax auctions are referred to as a "free & clear" sale.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Feel free to PM

For example, you could create a weighted structure where a percentage of profits is based on cash contributions, and another portion compensates for rehab or management efforts.Rent Payments and Tax-Free Profits:If you structure it as an owner-occupied property, the rent you pay could be shared proportionally, but tax-free gains on resale may only apply to your share, as you’d be the owner-occupant.

Feel free to PM me, we can bounce ideas around.

Feel free to reach out if you would like more information.

A HELOC or cash-out refinance is definitely worth exploring if you want to free up capital for more investments, but make sure it fits your goals and comfort level.

I'm hosting a local meetup in Mankato, feel free to shoot me a message if anyone is interested in joining!

Of course the tenant doesn't want to pay, she's got a free ride.