The relationship between a broker and real estate investors is built on trust, transparency, and a mutual understanding of goals, which ultimately leads to successful transactions and long-term partnerships.Firstly, a competent private money broker begins by understanding the unique needs and objectives of the real estate investor.

A very unique experience and I'm happy to have been a part of it.

And (B) it's a beautiful setup for big probability of snagging it post default, be it from the regional bank who financed it or whoever J.P. has entertaining liquidations when they take over asset's of the regional lender. 

I work with a small regional bank that maybe has 20 branch locations across 2 states.

It’s in SoCal and not in a rural area and close to many regional hospitals like memorial and Kaiser.It's on off MLS listing.

Next year there will be regional lenders and various operators all too happy to move on things, and pressed to do so.

It will take you literally years to make that kind of money and it wouldn't be passive and you are likely working more hours with more stress.You are in a unique position.

If you can find smaller local banks in the market you pick they may have more unique products that they keep on their balance sheet or try and do the 5% down conventional on a 4-unit  FHA's self-sufficiency test applies to both 3 and 4-unit properties.

It’s fantastic to see you and your wife diving into real estate investing, especially in the Detroit market.Detroit has some unique opportunities for rentals, and there’s a lot of potential for growth.

Just to mention a few:- Wynn Casino (First Casino in the GCC states) in Ras al Khaimah- Al Maktoum International Airport (set to become the worlds busiest airport)- Palm Jebel Ali (the second palm bigger and more luxurious)- Expo City (Regions largest exhibition center)Its a lot of information but I believe it gives a simple explanation to the complex market here.Let me know if you would like to know more about the market and if you would need guidance into exploring the possibilities here!