Promises near 30% ROIs in RADD and above market rates for REIT?

The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?

Rent rates have increased so quickly over the last few years.

"District South was financed with a fixed interest rate construction loan from our partners at First Financial Bank NA.

Hi Mattin,As we’re already chatting via DM, I’ll keep this brief, but I wanted to drop a note here for anyone else considering Detroit.

The interest rate on a HELOC or Heloan may be better than the personal loan. 

my experience has been (1) I can obtain the same rental rate for a 6 month lease that I can for a 60 day “stay” if FULLY furnished (2) some of these 6 month rental turn into 2 years or more.  

Fort Collins did it since the 1960s and only recently created a law against it because of rent rates.

You can drop the move-out part and just go with the buy-for part if you don't want to push them out.

At CA tax rates it doesn't take much to be a significant number!