Establish connections with real estate brokers that focus on investment properties.Funding: Explore various funding options, such as partnerships, hard money lenders, private lenders, and conventional mortgages.Make use of your experience in building to precisely estimate repair costs and provide prospective lenders with well-prepared project proposals.Look into any grants or incentives that may be available to real estate investors on a local and federal level.Create a concise business strategy that outlines your objectives, both short- and long-term, target properties, and investment tactics.Remember, each real estate market is unique, so adapt your strategies based on your local conditions.

Evan,I Appreciate you providing in depth feedback to my question!

Based on the limited info you provided, it looks like there is roughly $180k in Gain. 

This will show the bank how you intend to fund the mortgage with rental revenue.Be prepared to provide collateral and establish the needed down payment for the loan.

We don't recommend turnkey here as not aware of any Detroit area trustworthy turnkey providers. 

DSCR would usually allow you to cash out refinance at 75% LTV max, but conventional will provide better terms and rates.

Hey @Alex Ng, like others have stated, utilizing certain platforms can yield particular prospective tenants and provide some consistency.

@Jimmy LieuThanks for your response , would love to connect as well please provide me with your recommended referrals .

Check out some CRM's that provide you with a phone number to use. 

Thanks everyone  You will want to speak to an attorney familiar with securities laws as it appears you are providing financial advise and would need to get some type of FINRA license