My recommendation is to call some local hard money lenders and perhaps attend some localreal estate clubs to ask what others are paying or charging.Yes, HML rates have been going up.

Detroit can be a fantastic market with strong cash flow and good appreciation potential, but it’s definitely a unique place with its own quirks.Starting with cash is a smart move, especially in Detroit, where local knowledge and relationships can make a huge difference.

He also mentioned that, now that I have seen evidence of water intrusion, I will have to disclose this to future buyers if I don’t address the issue.My question: Should I reach out to the previous homeowner?

I would recommend looking into local real estate meet-ups and networking with investors to get yourself on wholesalers email lists when they send out their deals.Hope this helps!

Hi Bethany,I saw your post and wanted to reach out because I think I can be a great resource for you as you embark on your real estate investment journey.I’m an investor/syndicator, and I was born and raised in Albany, so I’m very familiar with the Upstate NY markets.

Hi Jose--I am local to Milwaukee--have lived here all of my life. 

Now, she is reaching out three months ahead of her lease expiration to ask for no increase again.How can I politely but firmly tell her there is no way i am keeping the rent the same?

I was thinking a bridge loan might be an option , and then refi it later and pay back the bridge loan,  but I'm waiting for lenders to reach back out and run some numbers.

I work with so many agents here and also teach at my local REI's and boards to find eager agents like yourself.

If not, it's a great social app to find local and non-local events.