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4 May 2024 | 66 replies
I have also aquired vacant lots that I plan on building duplexes on...
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4 May 2024 | 9 replies
I am planning on changing that this year as well.
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3 May 2024 | 7 replies
TIA all opinions welcome I’d start with talking to the planning department of that municipality to see what the property is zoned for and what the allowed uses are in that zoning.
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3 May 2024 | 5 replies
My plan is to purchase single family homes and rent them out using the BRRRR method.
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3 May 2024 | 10 replies
(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.
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4 May 2024 | 23 replies
@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.
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3 May 2024 | 11 replies
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.
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3 May 2024 | 2 replies
Been thinking about this question a lot as I work with many real estate investors and I plan to be one myself.
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30 April 2024 | 12 replies
Do a comprehensive market study to locate areas that are likely to appreciate in value and have a positive cash flow from rentals.
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30 April 2024 | 2 replies
David,That is a very straightforward and comprehensive listing of the avenues for finance.