We are on contract for another great condo property in a great STR market in Traverse City, MI and I've run into a financing wall.I can not for the life of me find a lender that will consider our current rents for our 2x short term rentals so our DTI is too high to be considered despite great credit, high income, proof of rental income success, and the fact this is a portfolio loan.I desperately need recommendations on portfolio lenders that will:- accept 20% down payment for a condotel/portfolio loan (or any loan product, really )- lend to Out of State investors- consider STR income not on W-2 or properties with long term leases- can close in 30-40 days (absolute max)I've tried at least 10 different lenders in Traverse City and around in MI as far as Detroit.

Hello Everyone,I am wishing to connect and network with multi-family investors in the Metro Detroit area of Michigan, as I am a brand-new investor and looking to have some specific questions answered as they arise, if I could please.

Looking to network with others in southeast Michigan.

Originally posted by @Mary M.

We are in SE Michigan and own a 2.5 acre plot.

As far as I’m concerned, as an actual investor and one who actively participates with real skin in the real estate game instead of only taking advantage of it, you might as well be selling Mary Kay.

Marie:  Oakland, CA

Does anyone have any experience buying a house from auction in Michigan and if yes, how hard or easy is it?

Hey guys, I'm a new homebuyer/ investor in Ypsilanti, MI. 

Imagine trying to someday sell the property.Old tenant George owns 5% of the propertyOld tenant Mary and Sam got divorced, Mary got 3% and George got 2% of the property ownership.Old tenant Sally passed away, her 3 heirs each got 1.5% of the property.So to sell the property, since now the landlord passed away, 6 past tenants/heirs must be tracked down to sign the sales contract.