All Forum Posts by: Isaac A.
Isaac A. has started 5 posts and replied 113 times.
Post: My first Tax Auction(Wayne County MI)
- Grosse ile, MI
- Posts 117
- Votes 46
@Joshua Woolls. Reading your post on Wayne county tax auctions. I will like to sign up for this years auctions. Looking forward, will you enroll in tax auctions again? Is it mainly paying the tax owned?
Post: Land Trusts in Michigan?
- Grosse ile, MI
- Posts 117
- Votes 46
Originally posted by @Mark King:
Sam or any one. I currently own a property in the City of Detroit and would like to transfer it to a land trust. What are the steps that I need to take?
Thanks
Mark
Contact a real estate attorney in Michigan. I will advise staying away from any guru help. Most will try to sell you products, thinking that will help.
Post: 10 percent down
- Grosse ile, MI
- Posts 117
- Votes 46
suggestions to banks that offer 10 down?
Post: 10% down
- Grosse ile, MI
- Posts 117
- Votes 46
suggestions to banks that offer 10 down?
Post: Land Trusts in Michigan?
- Grosse ile, MI
- Posts 117
- Votes 46
Originally posted by @Karen Egypt:
I plan to buy and lease property in Michigan with a few of my friends. I have recently heard about purchasing and leasing property using a land trust. Has anyone successfully used this in Michigan?
Have you been successful with land trust in Michigan? I will like to setup LT to hold properties. Most attorneys in MI, has no clue or not interested.
Post: Ask Me Anything! Free legal advice
- Grosse ile, MI
- Posts 117
- Votes 46
Originally posted by @Scott Smith:
Hi everyone,
Thanks for all the questions here. I will be composing a comprehensive FAQ using this information that I will be sharing with the community. The responses necessitate much more than a pithy few sentences to answer.
Did you post your Q&A's ?
Post: Where in michigan to invest now.
- Grosse ile, MI
- Posts 117
- Votes 46
Originally posted by @Michael O.:
Detroit is a very hot market right now if you know where to look. as @Wendy Patton says, you have to know where to invest. Good to have boots on the ground in and around the city.
I'm looking at the Bagley neighborhood of Detroit, lots of big brick duplex's under $100k right near upcoming developments, plus it is a stone's throw away from Ferndale / Royal Oak.
Would love to keep in contact with anyone interested in the area!
PM.I will like to know more
Post: Can i refi an owner occupied FHA loan to conventional loan?
- Grosse ile, MI
- Posts 117
- Votes 46
Matt, I taught of doing the same..
Post: Where in michigan to invest now.
- Grosse ile, MI
- Posts 117
- Votes 46
Originally 99thposted by @Brian Mcguire:
theres deals out there. I just bought a 3br/1.5 ba sfh for $117k it appraised at $126k. We put maybe 6k in improvements and rented it out the first day for $1300/mo. I will net over $500/mo.
Where do you find these deals? MLS?
Post: Where in michigan to invest now.
- Grosse ile, MI
- Posts 117
- Votes 46
Originally posted by @Emad Abdelrahman:
Yeah it has been crazy as of late. Redford and Dearborn Heights are crazy hot and too expensive.
I am thinking Oak park, Berkeley/Beverly hills and i am not sure where else.
I have been looking for properties in MI for over 1year. High prices :).. Maybe we can team up!