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Would you invest in Detroit?
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Aug 13, 2019, 11:18 PM
James Bond Agent 007
Posh
Join Date: Aug 2003
Location: Kansas City, MISSOURI
Posts: 21,158
Quote:
Originally Posted by
Sun Belt
Would you invest in Detroit?
Would you buy this single family home, currently listed for $25,000 [probably room to negotiate]? You scrape up 20% down and your principle + interest is under $100/month -- no need to worry about an HOA either.
link,:
https://www.zillow.com/homedetails/6...88670773_zpid/
Aerial view of the neighborhood:
https://www.google.com/maps/place/60...!4d-83.0358125
That particular house, no.
But there are other parts of Detroit I'd be happy to invest in.
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