My husband and I are looking to buy our first ever real estate investment out of state (we live and rent in NYC. we do not want to buy here due to high cost of properties and high tax rates).

Warrendale has one of the highest crime rates in Detroit.

If I were to BRRRR a quadplex, when it comes to refinancing, would I be able to structure the loan as my primary residence (house hack it).

If there’s a housing crisis where you live I would expect you can get it full of good, quality tenants in about 4 months.

I would recommend that your lease reflect a flat rate fee - for example, my lease states that I need a 30 day written notice if they are moving out while in an active lease, there is a $500 early termination fee, and the tenant is responsible for the rent until a new tenant is secured (this helps to encourage the tenant to leave the property empty and in good repair). 

- Everyone: What solutions do you see to make housing more affordable?

If I do a cash out refinance and assuming I get a loan rate of 7.5% that would put my monthly payment up to $1800.

Purchase price: $300,000 Cash invested: $65,000 Sale price: $455,000 This house needed a full renovation to compete in the challenging Austin, TX housing market.

One company is called the BNB Model and the other is called Golden Sky Housing.

I tried doing direct mail myself, but the response rate has been very low.