(Most homes have been turned into str) The zoning should be changed by the end of the month.Our plans is to build 34 2/1s, 5 2/2s and 5 1/1 loft style apartments.

@Oliver Martinez you could have used the "@name" format to include everyone you wanted to reach out to on a single response, instead of entering 6 copies of the same message:)Unless you plan to live in the property (owner-occupied) you will typically need at least 20-25% down to get a mortgage - unless you find a private investor to fund your acquisition.Also, as you've found, most of these lenders have minimum loan amounts of $75k-$100k.Unless you are a VERY experienced investor, we don't recommend buying rentals in the City of Detroit under $80k.

Our team has been quite satisfied with its capabilities for long-term rentals.As we look to the future, we're planning to expand into the Short-Term Rental (STR) market within the next few months.

Been thinking about this question a lot as I work with many real estate investors and I plan to be one myself.

I am planning on selling the property i own with my LLC and doing a 1031 to purchase another property.

I always have family and friends giving me negatives like " what is it doesn't rent" or who is going to "pay that much for rent" or "what if the tenant burns the house down" are these realistic situations and how do I prepare and understand to to come back if anything like this happens how do I plan ahead.3. should I go for a newer house with little to no rehab for 415,000 or something like 350,000 with like 10-20 in rehab?

The house is a year old, and I am out of warranty.

Even if you don't plan on doing this method yourself I still recommend reading David Greene's BRRRR book.Welcome to the forum!

Hey everybody, I am planning to buy my first investment property in the form of a house hack in the next year and a half.

Or bridge type, shorter term money especially to get the rents up, if that's the plan.