Michigan Real Estate Investors (MREI) – linkHere is why: This is the biggest REIA group I ever attended.

Hello, I'm Kevin from Grosse Ile,  Mi.  

How do you pinpoint the hot markets in MI?

I am from the Midwest originally (Michigan).  

@Demarcus Washington FHA loans will allow for higher DTI and with you fico score your rate even with MI will probably be less.Once you score increases after 6 months to a year of having a mortgage you can think about refinancing into a long term conventional product.I hope this helps Sir

Hi all-- I am looking at comps in Northern Michigan-- popularplace but not a lot of comps to pull.comps I could find--sold dates 5-16 to 10-16Subject property--1972--3/2--2197 sq ft-- asking $145,600 (REO){ my ranges age of homes 1967 to 1977}{sq ft range 1868-2526 ( 15% up or down}1-1979--4/3--2218 sq ft--$185,0002-1977--3/3--1620 sq ft--$165,0003-1975--3/2--1104 sq ft--$182,500*4-1974--3/2--2243 sq ft--$237,2005- 1978--4/3--1813 sq ft--$219,000The only one I can see that I could legit use would be #4.What do I do here when few comps to pull from?

I'm looking to get started in REI and I'm seeking a mentor in the Lansing, Michigan area.

I love Detroit and tell everyone invest here but depends on your level of risk your able to handle but Michigan is a place to look into!

Currently I'm looking at a deal in the Redford,MI in which it's a SFH that would make a good BRRRR  candidate.

Now with 20% The MI will fall of in 11 years as opposed to having it for the life of the loan.