Good Morning - My realtor came to me with an offer for an FHA loan but they want to move in this weekend.  

Quote from @Brandon Croucier: That’s a killer loan if they are actually offering that.Seems extremely below market value as even primary mortgages are higher than this right now.I would beware of a bait & switch on this. 

This is as simple as going through neighborhoods and finding distressed properties, and learning how to make them offers.

Quote from @Casey Wilson: Hi there, I was wondering if any Detroit-metro experts from the PB community could offer advice on what areas in the Detroit-metro area might be worth exploring for rental properties (ranging from single family homes to 5+ unit apartment complexes).

There have been brokerages offering flat fees and failed.

I'd be happy to answer your questions and offer some advice. 

What leverage are you being offered?

Here's the challenge: If the numbers work with a low down payment, why wouldn't an investor putting 20%-30% just buy it and could likely offer more?

Constructing two 4,000-square-foot duplexes on separate parcels in San Ysidro would cost roughly $2.96 million, with a market value of $6.31 million, offering a 113% ROI.

Some may offer a flat fee instead.