Hello,Did you get an official appraisal done or are you basing it off of a Zestimate etc?  

With the announcement of GM closing their plant in Detroit, will it affect the surrounding housing market?

Certainly not a short term rental question lol  Lucas, that is not correct and its been discussed extensively in other posts.As with a trust, lenders do not exercise the "due on transfer/sale" clause when real property is transferred to the SAME individuals in an official capacity (e.g.

Let’s get an updated RVM page going on with everything we need to incorporate this technology into our marketing or let’s see some feedback from other who have used RVM.
WHAT WEBSITE AND SYSTEM ARE YOU USING?
WHATS YO...

Our numbers are: - 20 year fixed @ 3.87 - Purchase price 125k - Home Value 185k (have not had official appraisal this is based on comps) - Mortgage balance 90k

Is it allowed to get all these budgetary quotes BEFORE making an official offer? 

+Land/LotsSame areas.We buy, manage the subdivision, get the installations in place (sewage, electricity, water, roads), sell the lots in batch.We buy 100K-300K lots at the moment and want to aim for bigger (1-20M).Money is good when you aim for “in bulk”.Return of 80-100% in a timeframe of 2-4 years.Financing/ExitThe financing plan is to use investors’ money as a leverage.For houses, most of our deals will be bought cash to have a hedge over other buyers.As soon as the renovations are completed we are refinancing them if we want to hold them.The refinancing will automatically get the money of the purchase and the cost of renovations out of the property to reimburse the investors plus interests.For the lands/lots the same scenarios could be possible after the subdivisions are made.The possibility to stay in the deal until the official selling of the prepared lots can also be possible for a higher return/profit.TeamI’m a real estate agent and a mortgage broker in Quebec.

If you purchase this before figuring this out you may be the proud owner of a single family with the town zoning officials breathing down your neck..

We wanted to start an LLC to have an official company name.

Call your elected official