I will simply buy the item, then hire someone to go and pick it up and put it in storage.  

The appraisal came in at $193,000 and the Zillow Estimate says it's $102,000.A great way to know someone doesn't understand the city of Detroit is if they are leaning on the Zillow estimate for value.

How do I find someone legit going forward?

Above that income level the rate climbs to 20 percent.But ultimately it’s  personal decision, loaded with plus and minuses. let us know what you decide to do!

2500 to originate the loan again if I decide to give another extension to the seller. 

If you decide to go that route, hire an experienced management company and underwrite very conservatively otherwise you could get ruined by high maintenance & turnover costs and potentially evictions.

@Andy Chen if you need someone PM me.

I told them that it was a better idea that, instead of buying a home first, we can buy an investment property and keep renting after we build some equity, sell it and put the down payment for 2 houses or a duplex and live in one and rent the other one (for me, i could keep renting until we buy a lot of investment properties and then move to one of them), but my family wants to buy a home firts and then the investment property.Can someone give me a light of what is better or the pros and cons.Thank you so much.

These properties would be just about breakeven if we decided to move out after one year.Considering all of the other benefits of doing that first deal, do you think it's worth it?

Keep it simple.With real estate it almost never makes sense to acquire LLC units over acquiring the assets.When you acquire LLC units, you are also acquiring any unlisted liabilities of that LLC - say someone had a trip and fall 3 weeks before you bought it, and then they sue the LLC a week after you close on the purchase... now it's your problem.