Hi all, With so much interest in Cleveland, I thought I'd share with you a flip we're working on in the eastern suburb of Cleveland Heights.  

For example Calumet Heights, Bronzeville, Southshore.  

At the same time we have zoning rules in most of the city that are consistent with a sleepy coastal town (40' height limits, potential preservation of every 50+ year old building).  

Sounds like you want everone here to congradulate you, but buying a brand new house in that price range that far out (where they are building lots of houses) at what is so far the height of the market in the peak season is IMO not cause for congrats.  

Suburbs on the east side such as Cleveland Heights, Shaker Heights, Euclid and areas on the west side such as Detroit Shoreway, Lakewood and Old Brooklyn. 

If size of a living space won't qualify for FHA/HUD as to floor space and ceiling height it's not suitable housing.Want to start out as a slum lord?

The deal didn't sell to investors, but nothing sold to investors in the height of the depression last year.

Karim.We specialize in the city but also do a lot of deals in the surrounding suburbs like Redford, Southfield, Dearborn Heights, just to mention a few.We have found the highest down payments come from buyers who want to live in Detroit, believe it or not!

If the property is permitted to have 3 units, then you have to consider finished ceiling heights, window sizes (unsafe to have "basement" sized windows for an apartment), flooding potential, placement of the mechanicals, size and nature of the entry, whether or not there are 2 ways to exit and a number of other practical considerations and considerations dictated by the laws and codes of the area. 

Account ClosedArlington Heights Area...Hillcrest Add Fort Worth