Highland Homes also purchased some from D32. 

Unlike refinancing, which involves taking out a new loan, recasting keeps your existing loan terms—including your interest rate and loan duration—intact.

Fractional TIC loans are available for both owner occupied, second homes, and investment properties.

Rarely is the pursuit worthwhile unless there's insurance money available or assets that can be converted to cash.  

There will be no assessment for increase in taxes or insurance so remains at $1935.

Here are a few stats which should raise an eyebrow about Detroit $1 billion invested in more than 4,600 units of affordable housing over the past five years Job growth with more than 25,000 more Detroiters employed since 2014 A return to investment grade bond status for the first time since 2009Reductions in crime beating national trends, including the fewest homicides in 57 years Successfully hosting the largest ever NFL Draft at 775,000 people over three days In terms of starting out in Real Estate it also makes sense to invest in Detroit considering that the entry costs are low and if you plan to buy and hold, Section 8 makes for a great partner to insure steady rent payments.

We were recently networking and someone told us about buying homes from auctions.

They are a legit lender, we have bought loans from them.

Being nearby allows you to stay hands-on—you can see, touch, and fully immerse yourself in the process.There’s a lot to learn, not just about managing rentals but also about overseeing property management companies.Handling tenants and maintenance can feel overwhelming at times, but starting with a property close to home gives you the opportunity to gain valuable experience.

This is a 3 story town home (detached) that shares a private sewage line with 7 other homes.