I have seen a lot of videos of people are saying "Utilize debt as the power to take these leaps," so this is where I am ready to go if the deals make sense.Thanks for anyones help Regarding utilizing debt- In my opinion the proper way to utilize debt is to purchase assets that throw off more cash than required by the debt. 

Purchase price: $72,000 Cash invested: $95,000 Sale price: $140,000 househack double What made you interested in investing in this type of deal?

550k roughly-Or new duplexes with 4 bedroom units and a garage?

I help all sorts of investors from all over and those in KC find replacement properties.

More importantly, we have the 183+ Detroit Neighborhoods mapped out and 104 of them identified a Class A, B, C or D.DM us if you'd like to discuss more...

The fact that you'd be renting it for more, should help you mitigate any lost rent if it does take you a bit longer.

As a dedicated and hell of an agent, I find this approach is weighing me down with excessive work.Even as an investor, I struggle to understand their strategy which wasn't disclosed until after the fact (signed rep agreement) three weeks in.

I’m curious to hear from other investors who have ventured into flooded properties such as what challenges did you face, particularly with insurance and permitting?

For HELOCs without W2 income, look into local credit unions or community banks, as they often have more flexibility with alternative income verification and rental portfolios.

This is a great place to learn and to connect with people so take advantage of all the great resources.