I invest exclusively internationally so feel free to reach out if you think I can help you get over the bridge.

. - The Area is right near downtown Detroit, which has MGM Casino, a bunch of businesses that are attracting young professionals whom would rather rent than own, the river walk, Belle Isle (anyone from Detroit understands Belle Isle’s significance), and the bridge to Canada. - The neighborhood doesn’t look too bad, but it is Detroit.

The market is going through a disruption right now and the primary driver of concern is variable rate bridge debt that is repricing to high interest rates at maturity (along with plateauing rent and increasing costs, including insurance, payroll, and repairs and maintenance). 

There were some trees but most were bulldozed down to make building a bunch of flat cheap homes easier.To get to the beach, you have to pay $2 in Palm Coast to cross the bridge or drive north on US1 to St Augustine 15-25 miles north of Palm Coast.Cell reception is terrible too.Some people really, really like Palm Coast Florida.

If you have a deal, I can guarantee you can find the money, via private money, bridge funding (if you choose to go down the route of value-add) or DSCR if the property is ready to go now.

It is basically a disaster and a guy named Gabe Bernarde is co-founder of Viceroy Research and has written a report called “Slumlord Millionaires”, that covers a well-known bridge lender who has been doing a lot of lending to multifamily sponsors.

@Rovin EyesDo you mean Life Bridge Capital?

I would be Interested to see if there was an application that could bridge the two strategies.

Also very willing to get creative with financing to bridge the gaps if necessary.Please DM for more specifics.Thanks Everyone!

I work in Rockland County and need to get across one of the bridges.