fix and flips are the vast majority of the targets for private lenders.

Usually you're falling somewhere in the $150-$200 range, but you really need to understand this number and how to determine it.The market, in general, in Detroit is rapidly appreciating.

Exiting apartments sell for 175 to 500 a unit on the open market with 200 to 250 being kind of the median. and rents on the 200 a unit range about 1400 to 1800 

The pandemic shook these age ranges for a loop so we are still seeing where their paths will take them.

But I'm wondering if the LLC loan is a no-go for banks. 3) Last question- i'm seeing rates on DSCR loans in the 7.2% to 7.5% range, in addition to 1 to 2 points and they likely track 10 yr treasuries (4.26% as of today).

Jenkins, it depends what asset class you're looking to buy.1st, 2nd, performing, non performing, current on the 1st, etc.Basically that gives you a range from ~5k to 100k+ to get started.

The main reason that I like the larger units it that a 4-plex ranges from roughly 1-1.5 million in my market. 

Instead of under 15 days, they seem to be renting in the 15-30 day range. 

My eyes used to glaze over when my hubby tried to explain it back then, but now he has my FULL attention on this topic.I definitely think it is a big risk BUT the potential rewards are so vast that I think it is crazy not to dip a toe in with whatever amount you are comfortable gambling with.We saw our light coin investment almost triple in about one week...nothing else I’ve been involved in gives those kinds of returns so quickly.

Flat fee ranges from $299 to $1999 so there’s a large area in betweenThe very basic is a listing on the local MLS.