@Jonathan M. - I would say anything under 5.5% for investment property is pretty good.

Thanks @Joseph M.Unfortunately we were not able to get an FHA loan since at the time of purchase the estimated rental income of the property did not meet the 75% rule - 75% of rental income must cover the entire mortgage including MI.

MI is just a marketing guy who directs you to a wholesaler that is selling the property - and also managing it. 

Hello BP.
I am looking to invest in the Detroit market and have been analyzing some deals. I want to use the brrrr strategy. I want to know how well has that strategy worked for others and also any advice you may pr...

In B/CS (Texas A&M), I see cap rates ranging from 7-11% depending on the deal.

Hello all, I finally put my property up for rent in MI and I’m in the pre-screening step.

There is a property that I'm looking at in Michigan and the current occupant is trying to sell.

Hi,Can anyone recommend a good in-depth home inspector in Detroit, MI?

@Avery HeilbronFHA - more lenient with lower credit scores- lower down payment requirement at 3.5%- higher debt ratio allowances- no maximum income restrictionsHome Possible- allowed to have more than one conventional mortgage, so can be used in consecutive house hacks- potentially lower PMI- no upfront MI cost- higher lending limits

Hello,I have a property that is listed on the MLS in Michigan (suburbs of Detroit).