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12 July 2016 | 4 replies
I'm a relative newbie real estate investor and am looking for CPA recommendations in the Greater Grand Rapids, Michigan area.
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21 December 2016 | 29 replies
Returns seem to be much greater in MI, but I assume it lacks the rental ease and consistency of CA (West LA).
12 July 2016 | 3 replies
Hey everyone, I am a computer engineer that recently caught the real estate bug. I am hoping to get started in wholesaling here is the Greater Grand Rapids area. At this point I am looking to learn as much as I possib...
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12 July 2016 | 2 replies
I am currently a 12 grader planning my future ahead for success in real-estate investing and is taking classes for more knowledge on it , I am currently in the state of Michigan looking for any internships with hands on realestate training so that i can have a more background on the work ethic of realestate.
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16 August 2016 | 6 replies
Hi Short-term rental experts,I'm talking to portfolio lenders about a mortgage on a short term rental I'm looking to buy in Ann Arbor, MI.
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18 July 2016 | 11 replies
As a general rule if the property produces 1% of the sales price per month in terms of gross monthly rents then it should be able to qualify itself even with a 3.5% down FHA loan (includes mortgage payment, FHA monthly MI, property tax, and property insurance).From an investment perspective you'll probably want the rental income to meet or exceed 1% gross per month assuming all 4 units are rented even if you're living in one of the units so when you do move out you'll be able to have the property be self sufficient accounting for all normal maintenance, property management, capital expenses, and etc that way you dont create another job for yourself.Just keep in mind if you decide to go the FHA route that you need all four units gross monthly rents per month discounted by 25% to meet or exceed the monthly obligation.
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25 December 2018 | 8 replies
Other option is to refinance conventional and get rid of your MI which is pretty high at 0.8-0.85% based on your initial downpayment, really depends on how much equity you have.
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28 August 2019 | 15 replies
We would really like to talk to someone familiar with Redford, Michigan and it's vacant home registration.
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5 November 2016 | 7 replies
I am being relocated to Lima Ohio from saginaw michigan and I am wondering if someone could help me out with the bad zip codes, good zip codes in the area.
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5 July 2016 | 7 replies
HELLO, I want to learn more about real estate investment particularly buy and rent some units, Southfield Michigan area, but I don't have much cash on me, beside little better than fair credit score , is anybody have any idea what or how to start right, ???