5 Ways to Buy Investment Property in Detroit When You Have Bad Credit

Bad credit doesn’t have to derail efforts towards building passive retirement for your income through real estate investments. While conventional lenders may turn you away over your past transgressions, they are not the only option available for funding investment property. While the perfect scenario would be to repair your credit issues and then gain financing … Continued

5 Signs of a Great Investment Property in Detroit

Real estate is a numbers game, and there are universal factors that influence the outcome for each player. When you have an opportunity to invest, how will you know if you are holding a great card in your hand? Winners easily recognize these five signs of a great investment property in Detroit. Demand  Demand for … Continued

5 Ways to Capitalize on Land in Detroit

Land investment offers several avenues to enhance your real estate portfolio. Raw land deals necessarily include becoming intimately familiar with Detroit zoning for residential, multifamily, commercial, or agricultural, or even for the land’s natural resources. Other aspects of land use are for the public, such as schools and parks, open spaces, and even the right … Continued

5 Ways the Foreclosure of Your Detroit House Will Impact You

Foreclosure occurs when, for whatever reason, agreed to payments for a mortgage loan and not being made in a timely and consistent manner. The reasons this can vary as widely as there are homeowners, from the sudden loss of life from a contributing family member, unexpected loss of income, or a myriad of other possibilities. … Continued

5 Ways to Compete With Other Investment Buyers in Detroit

Competition can be extremely fierce in the Detroit real estate investment market. When the seller reviews all of their offers, yours must stand out in all the right ways to be the winning offer. We’ve gathered five ways for you to compete with other investment buyers in Detroit. Hesitation Don’t hesitate when you are competing … Continued

What You Should Know About Using Hard Money Lenders in Detroit

Hard money is a term that describes borrowing without going through the traditional lenders to purchase real estate using the property as collateral along with other factors to approve the loan. When borrowers either lack time to go through the conventional process or are unable to attain lender approval, hard money lenders offer an alternative.  … Continued

How to Buy a Short Sale or Foreclosure in Detroit

X marks the spot, and jumping on the main highway of online listings will not deliver the short sales and foreclosures Detroit real estate investors seek. Unlike foreclosures, short sales are voluntary and generally are in move-in condition, usually still occupied. Short sales are, in essence, the last-ditch effort of sellers to avoid entering into … Continued

4 Things to Look for When Investing in Detroit Land

Investing in Detroit land can be very lucrative. Diversity in your investments allows you a measure of safety to weather storms in different sectors of markets. Real estate offers a fantastic array of options for investors to diversify their portfolio further, and land is an underutilized sector to this end. In most cases, investors can … Continued

6 Reasons Your Detroit House Isn’t Selling

Why isn’t my house selling? Waiting for a buyer can be stressful when you’re selling your home. Emotionally, the constant readying for showings and let down as no offers follow can be draining. Financially, depending on the circumstances you’re facing, the bills keep rolling in as time passes. If you’ve had to relocate, you’re now … Continued