Updated 6 months ago on . Most recent reply
Real Estate Market in Detroit-How to…
I’m new in the multi family rental space and would like to hear about your experiences on this market.
Thank you in advance.
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Drew Sygit
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Drew Sygit
#4 All Forums Contributor
Agent
Property Manager
Pro Member
#4 All Forums Contributor
- Property Manager
- Royal Oak, MI
@Jesus Schwoerer 2-4 units allows conventional and FHA mortgages, which do require you to owner-occupy one of the units for the first 12 months, but only require 3-5% down!
What's important about investing in the City of Detroit is knowing the 183 Neighborhoods - which ones to target and which ones to avoid.
Fortunately, we've made that easy for investors with our exclusive, color-coded map at our website:)
- Drew Sygit
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