|
|
|
|
|
|
by Dave_TRS
2191 days ago
|
|
|
I wondered if there was a catch too so I started by buying one, and then expanding from there only after I saw it could work. It does feel strange buying the houses for so cheap, but I wouldn't say I feel any guilt or regret about the prices of the Detroit market. The price is what it is so I don't fault myself for getting a deal. As for $800 a month, for a freshly renovated 3 bedroom home I think the tenants aren't doing too badly either. To the question about banking services, it's just not profitable to give mortgages on 30K homes for banks so they don't bother generally. |
|
|