Without knowing more specifics it would be hard to point you in the right direction.If you would like to give more details I would be happy to answer as best I can.

Hire a lawyer to answer your questions.I have seen several non-profits around Cincinnati who purchase and rehab homes, but, as far as I know, the entire profit and loss of each project is contained within the organization and the profits are used to further their main cause.

I don't think you're getting the answer you need because we don't have a lot of people here that know MI laws.

Thanks for the post asking me to pass along any info I obtained,...but just for the record....I still need an answer out there ----you investors....

I have answered a couple of posts that state that the market is slow in So.

I am very unexperienced and have been doing quite a bit of research the last couple of months and still have some questions I cannot seem to answer.

Thanks for answering.

I know this isn't the answer your looking for but i hope it helps some.

that would kill my credit pretty quickly.i would appriciate any answers one could give me...Thanks,Erici

If investor A (the other guy) is MAXIMIZING his profits, you can bet that investor B (that would be YOU), is NOT.After you've read and understand all of the above you'll have the answer to your question.Oh yeah, don't go into deals more than 30 minutes from your home.all cash