Meaning, in my city, prices have moved forward so aggressively that they have made up for all of the 2008-2010 losses, and there is still somewhat low inventory. Two things kind of concern me - one, the way constru...
Picked up this house in Redford Mi on a bankruptcy deal for $58k. Redford is 15 min west of Detroit. Decent area where homes sell for ARV of around 80-150k depending on size/location. Redford is in the Livonia/Westlan...
Hello All,I'm just getting started with Real Estate and now that I'm analyzing properties I'm finding it very hard to find positive cash flowing properties where I live. Here is just one example of a property that I f...
Hi BP Community, I don't post often in the forums but do actively read through them. I know there is a lot of knowledge and wisdom to be gained by such a great community, so I was hoping to get some advice on a curren...
I wanted to put this out there to my fellow landlords that we should check on our tenants right now. The school closings could be devastating to some especially single parents with young children. I say this as someon...
Hello flippers
I am trying to get a good plan on how to do some low cost flipping. I need to have a good plan to show the wife I am dead serious about this.
I am outside of Detroit. In this area you c...
A few years back I was studying mortgage products and learning what other options are available for debt. One of the things that intrigued me was that ARMs can have payments lowered if you prepay the mortgage. I fou...
Hi All,This is my first post to BP! I have lurked in the background of the forums for long enough and am finally ready to jump out and immerse myself in learning. Situation: I recently purchased a single family town ...