Looking for Rehab Loan in Detroit, MI
I own a property free and clear in Russell Woods and looking for a rehab loan. Rehab is 70k, ARV appraisal is 150k, however, two similar houses sold on the next block for 165k in the last 6 months. People (and lenders) are afraid of Detroit, but that is because they don't have market knowledge. If you know the city, you know the Russell Woods neighborhood is rapidly growing.
Offering