But that is going up too as more investors start to show up.Of course there are parts of Detroit that you should avoid like any other city with poverty.I think the most thriving cities by Detroit are:-Ferndale-Oak Park-Royal Oak-Berkley-Birmingham-Clawson-TroyAnd around those cities you will also find plenty of C-class cities that offer good rents for the price you would pay for a home that needs a little work.

That Royal PITA is the essence of why so many landlords have moved to note investing! 

During winter, I find that Canadians are especially interested in "inspecting" their properties!

The property management is a royal hassle.  

There are Washington based institutions that offer Canadians similar rates and terms as US Residents - mean there is  NO reason to go the Hard Money route... 1) Plan A  If you have decent credit and the deal cash flows......look there first.  30 yr year loans.2) Plan B is Hedge Funds stated income loans..made to LLC's.  30 year Amort - 5 or 10 year terms....rates about 2 points over FNMA 3) Plan C - Hard money loans.Of course if you are looking at a REHAB hard money may what is needed to get the property ready for a 30 year loan.Anyhow .... seems Canadians....are granted a special dispensation from  some NW based banks//institutions...so keep that in mind,

Hi I'm Canadian!  

HI BP,I am interested in hearing the success stories of various Canadians.

I'm a Canadian and I'm hoping to refinance some of my properties in Florida to purchase additional investment properties.  

I've never bought anything there, but Royal Oak is probably considered one of thot most "happening" areas in metro Detroit.

If you have any questions, or want to connect with other Canadian real estate investors, I'm happy to chat