Contrary to most business lending, the REI industry has a lot of "non-bank" lenders that provide attractive loans that can lower your cost of capital and improve your profit/cash flow. 

I offered $100k cash sale or a $150,000 bank sale.

What's the cash-flow after expenses?

It's a more affordable market and lower property taxes, so you may actually have a chance to cash flow.

Purchase price: $165,000 Cash invested: $35,000 That's right.

Are you using the business line of credit to buy more properties with cash or for working capital in your business?

I personally would not invest in detroit as historically its not a appreciating market and for cash flow and I invest primarily for appreciation - I go off the location location location mantra. 

I’m open to either a townhouse or a single-family home, but I’m definitely trying to steer clear of any crazy HOAs that eat into cash flow (you know what I’m talking about!).

When you learn to partner with professionals who are well-versed in this segment, most distressed property transactions are quite straightforward.Myth 5: Distressed Properties Are Not Obtainable with FinancingThere is this perception that distressed properties are cash-type deals.

If you buy in a good market, appreciation will beat cash flow every time.