With ongoing improvements to public services, transportation, and commercial developments, Detroit is positioning itself as a thriving urban hub—making it a prime location for real estate investment! 

Registration fees $800+ SOI $50 fees California and legal stuff-keeping it simple-easier to refinance a SFR if decide to just BRR and cash out refi in my personal name versus trying to get loan in LLC name. 

Legal Structure – Would this be structured as a leaseback or seller financing with safeguards?

I would like to discuss more about the services you offer. 

My point is cash has no exclusivity on being legally clean and far from it.

Wise lenders have borrowers sign legal agreements and have them provide collateral that is worth more than the amount of the loan in case the borrower doesn't make the promised payments on the loan.

Third party servicing company for $35/mo handle taxes, insurance, escrow, tax forms, statements etc.

-Legal Protection: A real estate attorney should draft the seller financing agreement to make sure your interests are protected.Final ThoughtsThis might be a pretty awesome first project if you can work out some sort of low-down, seller-financed deal with sweet terms.

Is the basement legally considered living space?

HI, we can help you out with the contracting side of things . we service Atlanta and Macon area and about to get involved in Coloumbus .