She's stuck on it being worth 50k, which in a time when there is no land for sale below 30k an acre, I still see it as a great deal even the back 3 acres aren't the best and can't be developed.

I provide private lending for Fix/Flip and BRRR projects.Outside of real estate, I enjoy spending time outdoors with my wife, twin boys and golden retriever.Excited to learn and connect with you all!

I'm not looking for "get rich quick", but rather pursuing an area to allow livable income now while investing for the future.

For SB1079, a prospective owner-occupant can bid on the property post-sale and win the auction within a 45-day period.

Some took a long time, some took a medium amount of time.

Two big names investing in Detroit area of time city icon Mike Ilitch (owns Little Ceaser's and the Red Wings among other things) and Dan Gilbert (Quicken Loans).

I know which product that you are referring to. the conventional mtg product has the following features. 1. minimum 15% down payment 2. 30 yr fixed term 3. rehab and repairs can be included in financing 4. borrower can be a first time investor. 5. no prepayment penalty. 6. the contractor will receive an initial draw at the closing table. 7.

Then use Airbnb profits to pay off any remaining investments over a short-term period (3-5 years)Take out a separate mortgage and buy the family out?

He should have been able to find at least 80% LTV.  80% LTV is still a norm on purchase, but it's about what can make the numbers work which many times these days constrains LTV. 

LindaMost statutes don’t allow you to collect double rent, the previous tenant would need to be pro-rated back for that portion of time you let the new tenants occupy.