There’s a sudden major cash flow in Detroit and the housing market is appreciating at a steady rate.

The appraisal price estimation I imagine the price estimate is the most valuable but when it is at value are there any other details in the appraisal report that can be used for a price reduction?

When you refinance an investment property you are going to be capped at 75% Max LTV cash out.

Do some banks or credit unions let you refinance at 90% LTV?

I have been managing this one property where everything has been going well and housemates have been happy and even renewing their lease for the past couple of years with no complaints.

I looked at past Bigger Pockets posts and found threads mostly from 2023 or older.

Looks like you are going to profit $150K after commission and closing costs.Sounds like a good deal.If you think the multi-family duplexes are going to bring the price down.

Learn with me, help me, will try and update this post as I go, hopefully to not the end that so many do (including myself) of falling off never actually building or buying. 

At this point it is not a question of if, but it's a question of when.

Is this what you're looking for?