I buy the low end so if I screw up royally, I won't get hurt too bad.

Hi!I started contacting banks to see how they handle multi-unit loans, and it seems like the offers differ a lot from one bank to the other. I'm talking not only about the interest %, but also the way they evaluate a ...

Your taking on the roll of a rehab financier when you do the second scenario.. and by and large that is a fairly risky event for someone who does not have experience in lending money and running rehab contractors... a lot can go wrong.Although some of my clients do the second scenario but they are generally doing it for hedge funds or more institutional buyers.. it can be a royal pain for someone or company to rehab a home for an absentee investors who really has no experience with it.. they can drive the poor rehabber nuts, by bugging the heck out of them.. etc. 

For the vacancy, repairs and CapEx I am setting aside $700 monthly.The correction on the loan is 5/25 years (Jesse Vega of Royal Bank in South Chgo).Sorry for the confusion.

Royal Oak and Livonia are a good call but I can’t comment on current market pricing.

My wife and I are Canadian investors looking to diversify and invest in the US, more specifically we are looking at the metro Detroit area.

Being in Canada, I find the Canadian market way overpriced compared to the American market for what you can get out for the money.

Talk to Scott Smith at Royal Legal [email protected]ơmHe setup my entity.Good luck.

“Windsor has a skilled work force, they have a new bridge, they have a lot of strength going and a lot of momentum in their direction.”The Skyline Apartment REIT owns 15,000 units in 48 communities across six Canadian provinces.

Anyone Canadian Investors doing wholesale deals in the USA ?