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10 January 2025 | 12 replies
Rehab Loans do not generally care about your DTI or your income.
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4 January 2025 | 5 replies
Health and safety inspections don't seem to care much about zoning or permitting issues.
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4 January 2025 | 9 replies
People who get evicted could care less about a judgement or the collection process.
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4 January 2025 | 0 replies
Be careful with flood zone properties.
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5 January 2025 | 5 replies
Quote from @Amy Smith: Be careful you don't get in too deep.
3 January 2025 | 2 replies
Pros - guaranteed rent, tenants stay longer on averageCons - more mgmt needed (lease violations), they tend to not take great care of properties (increase maintenance expense or deferred maintenance)
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5 January 2025 | 24 replies
I personally used a 40k ADU grant with CALFHA HPP Cares that covered a chunk of the cost.
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2 January 2025 | 8 replies
Still have to be careful though, with the block-by-block challenge, depending on the Class of Neighborhood.Also, be sure you understand the difference between the City of Detroit and the suburbs!
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4 January 2025 | 23 replies
And there are landlords who only care about maximizing profit and nothing else.
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26 December 2024 | 9 replies
I own a group of franchise hair salons.