I have 10 years of experience in retail real estate and a couple of partners who are interested in investing with me.

And there are a plethora of mls deals.

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Quote from @Fernando Martin-Gullans: Hey y’all, I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my interest rates are incredibly low (leaning me away from refinancing) and neither property is owner-occupied (which I believe prevents me from using a HELOC).

One thing I’d stress is the significant difference between Detroit proper and the surrounding metro areas.

What are some of the best areas or even zip codes that would be good to buy a rehab property?

In my area I often come across people who never used credit much and only have 1 small negative thing on their report dragging their score down. 

Hi Zachary, I am not sure how it is area by area, but I have been told them a similar thing by my Property Manager in Scranton. 

Please message me and I can answer any questions you may have on real estate, local meetups or the local area.  

Purchase price: $895,000 Cash invested: $30,000 Small Commercial retail space.