BRRRR Strategy in Detroit
H All,
I'm new to both investing and the Detroit market as I currently live out of state. I'm interested in trying the BRRRR strategy and when looking at recent sales in various neighborhoods, I'm seeing dramatically different values.
Has anyone attempted this approach in the Detroit metro area, either successfully or unsuccessfully? If so, in which neighborhoods and did you come across any appraisal or refinancing issues? I plan on visiting in a few months and driving several neighborhoods to get a better feel for where I may want to invest. Thanks in advance for any guidance given.
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@Rassan Sampson Cool, if you ever have any questions while you are here or want to get lunch you can message me anytime love to connect with others.