@Mayuresh Kshirsagar Detroit is one of the best markets in the Midwest right now!

Are they paying market rate?

He would negotiate a below market interest rate with the seller of say 4%.  

Thank you I've worked short, mid and long.........In the Cleveland market, I'd say long term rentals are still the best investment with all things considered.

Be extremely conservative on ARV in this market Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Can you imagine if it was that way in sports?

Purchase price: $100,000 Cash invested: $50,000Off-market Fix and Flip in Pocono's, PA.Purchase Price: $100,000Est Reno Costs: $50,000Est ARV: $290,000My partner and I found a beautiful but outdated Chalet with great bones.

With that said, the buyer can still proceed with the sale if they are comfortable & able to overcome the appraisal gap and/or a solution is worked out financially between buyer and seller to make it feasible.So if appraisal gap is a concernBefore accepting:- Ensure the sales price on the contract is inline with market expectations. 

There is a Multifamily Market Analysis & Investment Webinar coming up July 26th at 4 p.m.

I’m working in getting under contract with a wholesaler for the first time, wondering what amendments I should look for in the contract from a financing contingency or inspection period etc or if that’s just for on market deals, would love to hear anyone’s input!