Posted by Jay (MI) on September 09, 2003 at 15:49:59:
(1) Find a partner
(2) Be very selective about the deals you make
(3) Get homes sub2 with seller making payments for a couple months
(4) Consider L/O’s
(5) Join a local REI Group and ask alot of questions
I’m just getting started with Real Estate investing in the Detroit, Michigan area and I’m trying to gather as much information as possible. I just ordered the Carleton Sheets course. I would love to hear from anyone in my area that has had sucess. My biggest concern right now is the time it will take to turn the property around. I don’t have a lot of money and I’m affraid of taking on a mortgage payment.