Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago on . Most recent reply

How do I acquire a loan for 25k to 35k
Hello all
I saw a few properties in Detroit Michigan for 25k to 35k. How can I acquire creative finances for those properties. Please advise
Thanks
Deo
Most Popular Reply

Deo, PLEASE do not buy these properties.
I am the BP resident expert on Detroit. I own 12-doors there and live in California now. I'll be in Detroit from April 26-29th if anyone wants to hang out.
These properties have a high probability of ruining you. Also, nobody is financing them. Nobody. You need to have a house value of at least $67k to get conventional loans right now.