There is always a balancing act here where you have to decide whether you want reduced cost of living in a Logan Square type of area, or if you want to chase cash flow a bit further west, south west, ec. 

., Chase) and spoke to at least one mortgage broker in the city.

Noise travels through air ducts and utility chases too.   

Traditional banks (like Huntington, Chemical bank, Wells fargo, Chase etc) and many smaller Credit Unions are also quite competitive.That is if you have a good credit score and have a SSN (as a US citizen/resident).For international investors who invest in Detroit there are a few options available.Property value should be a minimum 50K (appraised).If within 6 months of Purchase, then Purchase price will be the appraised value.Minimum Loan amount 200K (can be negotiated if it is within 15-20% variance max)Loan to Value ratio at 65 - 70%Interest Rates from 6.35% (higher the LTV higher the rate)Terms - 30 year (5 year amortisation)Required DSCR - 1.10 - 1.20I have been able to secure this lending for our Int'l Investors

Ambulance chasing attorneys know their way around and can legally navigate around Insurance Policies.

My mortgage holder (Chase) did a good job and proactively released funds out of escrow to avoid any immediate repercussions (tax sale?).

Are you chasing rent, posting doors, and scheduling maintenance instead of looking for more doors.  

If you call back once don't bother to chase them.

And when they ran away from me I chased them making very freaky hungry monkey beast screams.Especially the ol'lil grannies were fun.

@Chase Whitney sorry for late response, i thought no one had responded...Still don't have much knowledge about which loan, so don't really know yet.