I would have ripped out all (I took out the small cabinet and later put it back) the base cabinets but I was trying to get the house ready in time for the students (failed that) and figured dealing with the plumbing would delay me.

Hi Sean, For an 18-unit, the three common sources of capital that you'd want to look at will be local/regional banks, the Freddie Mac small-balance program (if loan size > $1M) and the Fannie Mae small-balance program (if loan size >$1M). 

I recently came in contact with a guy who owns 18 properties at the bank I work at.

Anyone know of any good local Banks that do refinances in the Detroit market for houses under 50k?

Can anyone recommend any good local banks that will refinance Detroit homes under 50k?

It was a regional bank where I invest.

I was listening to an old BP podcast recently and heard what I thought was an interesting tip: get your personal mortgage at a local portfolio lender as a way to establish a relationship that can be leveraged for futu...

Talk to her and clear the air versus stewing about it while she going to the bank

Is there an easy way to tell by looking at the bank?  

I like the war zone areas because I can buy them cash and fix the property outright without getting loans from the bank with tenant in place and sell to an investor as turnkey rental.