Home Buying in Detroit : Advice

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Sheriff Whol…, Real Estate Pro in Detroit, MI
Sheriff Wholesale answered:
I am an Australian investor looking to invest in Detroit or other areas that have super low prices. I have
If you're buying, rehabbing or Just want to check up on a Detroit rental property check out www.VideoInspectors.com
0 votes Share Flag Yesterday at 6:10pm Home Buying in Detroit
Mrjwyatt, Both Buyer and Seller in Detroit, MI
Mrjwyatt answered:
Hi, I am interested in investing in properties in Detroit. Are there agencies that help you buy, fix, rent and manage properties in Detroit?
Yes I can help you.
My name is John and my wife and I have properties. Plz contact me at mrjwyatt@yahoo.com or call 313-826-4574
0 votes Share Flag Yesterday at 5:51pm Home Buying in Detroit
Kenan Jue, Real Estate Pro in San Francisco, CA
Whenever you’re new to anything—a new job, a new exercise routine, a new school, a new town—you’re apt to say some pretty ridiculous things, whether it’s down playing how difficult something… Read more
Blogged Wed Apr 16, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
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Danny Der, Both Buyer and Seller in Outside U.S.
Danny Der answered:
Hello, I want to buy a home in the 48224 zip cope area.
Owner financing may be an option if your credit score is low. I am an investor with several houses that I sold on owner-financing or lease-options. I have a house in zip 48227 availab ... more
0 votes Share Flag Mon Apr 14, 2014 Home Buying in 48224
shortpropert…, Real Estate Pro in Miami, FL
You can reduce your monthly housing costs by purchasing a foreclosed home or short sale in Detroit. If you have anything less than perfect credit this may be a challenging process since many lenders require… Read more
Blogged Sat Apr 12, 2014 by shortpropertysales.com Home Buying Financing Credit Score
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Michele Edwa…, Real Estate Pro in 48080
Michele Edwards answered:
does anyone know if owner/agent for 17305 Muirland is willing to do a lease with an option to buy.?
Hello Rachel,
This is a new listing and the comments do not give any indication that the owner is open to a lease to own situation, but as an agent AND an investor, I always say "Make ... more
0 votes Share Flag Sat Apr 12, 2014 Home Buying in 48221
William Bieke, Real Estate Pro in Grosse Pointe Farms,...
William Bieke answered:
Any hope for mortgage loan with bad credit?
Is there anything you can do to raise your credit rating? I am a lawyer as well as a Realtor, let me know if I can assist you at all.

From my experience your credit score needs to ... more
0 votes Share Flag Thu Apr 10, 2014 Home Buying in 48236
Howard Pascoe, Real Estate Pro in Michigan
Howard Pascoe answered:
is it leagal or appropriate to have realestate transaction to a LLC company by paying morgage with the LLC provided morgage? any risk if using QCD?
Its not uncommon for investors to purchase homes in a LLC and finance them. Is this what you were asking about?
0 votes Share Flag Thu Apr 10, 2014 Home Buying in Detroit
David Vincent, Home Buyer in Detroit, MI
David Vincent answered:
"BUYER RESPONSIBLE FOR SIGN ACR & CITY INSPECTION" what does this mean?
is an ACR mandatory in Detroit
0 votes Share Flag Tue Apr 8, 2014 Home Buying in Detroit
John Reeves, Real Estate Pro in San Diego, CA
John Reeves answered:
I live in California and I am looking to purchase a multi family home in the suburbs of the Buffalo NY area.
Check these links for your search:

http://www.realtor.com/realestateandhomes-search/Buffalo_NY/type-multi-family-home

http://www.homes.com/for-sale/buffalo-ny/multi-family/

htt ... more
0 votes Share Flag Sun Apr 6, 2014 Home Buying in Detroit
Kenan Jue, Real Estate Pro in San Francisco, CA
I was recently at a listing appointment with an older gentleman whose wife had passed not too long ago. The home was just too big for him and it was time for him to move on. He bought the home in the 1980’s… Read more
Blogged Wed Apr 2, 2014 by Kenan Jue Market Conditions Home Buying Home Selling
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Jeremy Alexa…, Real Estate Pro in 48207
Jeremy Alexander answered:
How do you find Land contract homes in Southfield, MI. I am only working with $3000.00 and a recent bankruptcy
Bankruptcy...no problem. The down payment....could be a challenge. Typically in Southfield......prices are 50,000.00...and mortgage companies normally won't finance until 2-3 year ... more
0 votes Share Flag Wed Apr 2, 2014 Home Buying in 48223
infoallcityh…, Both Buyer and Seller in Los Angeles, CA
infoallcityhome answered:
I'm a out of state investor looking to buy an income generating property. Should I look for foreclosed property or tenant occupied already?
Good Morning,

I have a company I just started and we are looking for investors to purchase properties that we have under contract for 50/60 percent below market value. We will obtain ... more
0 votes Share Flag Tue Apr 1, 2014 Home Buying in Detroit
daviabanetti, Home Buyer in Detroit, MI
daviabanetti answered:
i have a budget of approx 15k. is this enough money to start flipping ok homes in ok areas of the city regularly?
hi Dan,,it's really your profile?
http://vk.com/dannywild
0 votes Share Flag Mon Mar 31, 2014 Home Buying in Detroit
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
How can I find sellers willing to sell homes through a land contract?
Sure, it's realistic.

Here's a link to a blog I wrote on how to find lease-options: http://bit.ly/findaleaseoption There are some structural differences between lease-options and lan ... more
0 votes Share Flag Fri Mar 28, 2014 Home Buying in Detroit
Pam Sawyer, Real Estate Pro in 48044
Pam Sawyer answered:
Looking for names of towns or cities near Detroit that do not require an ACR and when purchasing a house, and still have really cheap houses.
Your have received very good advice. The short of it, you will not be able to find a home outside Metro Detroit for 6k. The reason Detroit is offering that price is they know the homeo ... more
0 votes Share Flag Thu Mar 20, 2014 Home Buying in Detroit
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
Hi, Can I get a home loan for about 50k or less, I filed bankruptcy last year due to a car accident. I make 60k a yr. Kept my rental lease& car note.
Caira,
Probably not, but only a lender can say for sure. It will depend on the type of BK, your level of re-established credit and the specific type of loan. In most cases it will t ... more
1 vote Share Flag Thu Mar 20, 2014 Home Buying in 48221
Ronald Reyes, Real Estate Pro in San Diego, CA
Ronald Reyes answered:
I have a question will my credit score hinder me from moving ?
Yes, it definitely provides leverage, to finance a home you need credit, income, and down payment. You may struggle a bit on one or the other but the other 2 have to be really strong. I ... more
0 votes Share Flag Tue Mar 18, 2014 Home Buying in Detroit
Ej Joier, Home Buyer in Ferndale, MI
Ej Joier answered:
1 missed payment
Hi,

700 Credit Club can help you!

Through a collaborative partnership with other non-profits and private and public entities, we are able to assist credit-challenged families secu ... more
0 votes Share Flag Mon Mar 17, 2014 Home Buying in 48223
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