Quote:
Originally Posted by crockett
Dude he's in Michigan you can buy a whole house in Detroit for $100..
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Sad but true. Old college roommate is homeland security over in Detroit. He said that many houses are selling for ultra cheap. Assuming they have not had all the plumbing, and wiring ripped out and sold.
Quote:
Originally Posted by crockett
for $10k he could probably buy the whole street.
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Not the whole street, but you throw $5k down on a four unit, and you can snap up a few of them for $20k. Depending on the area of town/city you are looking at.
I am sure if you went up to the hood, you could prolly snap up some nice deals. But I'm not interested in that. Old business partner tried that, and said it ended up costing more in time, and effort than it was worth. Best to stick to smaller towns, or better neighborhoods.