In my opinion, Windsor is the place to be right now; low housing prices, high rents, demand far exceeding supply, and multiple catalysts including 2 major bridge projects (thousands of well-paying jobs for 7-10 year duration of the project), revitalization of downtown core, revitalization of Detroit, and investors from all over Canada flocking here to eat up already limited supply. 

Purchase price: $165,000 Cash invested: $49,000 Sale price: $165,000 Purchased this 4-Plex for $165,000 using a Hard Money Bridge Loan which required 25% down .

Will cross that bridge when I get there.

We now focus on investing across the bridge in Proctorville, OH where the school district is in high demand and it’s hard to even find rentals listed.

The first thing you need to do is line up some cash or some bridge lending.

The new I street bridge (and eventually Broadway Bridge) will open up access to West Sac and make it a part of Downtown.  

To bridge the gap between market downturns. 

If you are looking to get into BRRRR and your main focus is just owning rentals there are other tools designed for that like Hard Money Bridge. like the above loans, you can finance the renovation budget on a draw schedule and then you would use a DSCR loan to refinance into longer terms. 

FHA) on the $220K purchase, then use credit cards or a personal loan to bridge the gap between what's left of the $50K of cash you have and the $60K to $80K you need to renovate.

This way they know they are still in line, and you aren't burning any bridges if something falls through or another house comes up.