West Michigan has the highest nightly rental rates on average for the entire state.

A few years ago rates were at an all time low and there were was a lot of market activity.

I want to ensure my taxes are solid, since I would like to be able to qualify for a traditional mortgage next year rather than continuing to work with hard money lenders due to the rather high interest rates I deal with(I still make it work, but of course more profit to be made with a conventional mortgage).Thank you!

We continue to have low vacany rates all over the city and rent prices continue to steadily rise year over year.

Rates are higher right now but the old adage is "Marry the property but date the rate".

The ripple effects of global events and economic policies reverberate through our region, influencing interest rates, inflation, and housing affordability.

My guess is that a lot of these sellers will either exit their current loan or be open to subto as soon as the rates ease up. 

We are looking for someone that will help get us 5 star reviews and timely.

Please keep in mind when you do identify a lender that will take on vacant land- they will price the deal at a higher interest rate and will keep a low LTV to minimize their risk. 

I understand some of the benefits of an ARM especially if it gives you a lower interest rate and you don't plan on holding it for longer than 5 years or however long the initial rate is.