When looking for a lender that will fund your project what are the main things to look for or ask if you have a project like this?Sale Price: 34,900    Comps in Area: $60K- 70K   Nice Neighborhood 2 beds2 baths1,053 ...

This sub-forum may be more useful to us if we let each other know whether we are interested in the City of Detroit or the suburbs. I have partnered on deals in Detroit but all of my individual investments have been i...

We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...

Are longer leases a good option to consider? If I was considering a 2 or 3 year lease. And maybe offer no increase during that period or maybe a small increase below market rates. Is that a thing? Any disadvantages in...

Hi All,

I read somewhere a good rule of thumb is a 30% equity purchase price. I guess the idea is that after closing costs and other potential fees there would still be enough left over to be a good deal. (I guess th...

Hi everyone, just wondering if anyone has seen this 90-day no flip affidavit and what they are doing about it.

Thanks for any and all feedback,
Duane.

"Property flips occur when ownership of one property changes sev...

I am looking to purchase a duplex as our first rental property. One of the units is currently rented by an 80 year old woman that has lived there almost 40 years. She's currently paying less than half the market rate...