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Does it make sense to invest in Detroit real estate?

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Effectively the flip side of a low entrance requirement, the risk of investing in a market where there's little correlation between house price and house value is that it's surprisingly easy to get caught in a trap where the home you just purchased for $80 ends up being worth -$60k. It can happen! read more

I buy around 3 or 4 houses a month in Detroit, so I’d have to say YES it makes sense to me. There are still excellent deals. My husband grew up in Detroit and knows construction and has uncommonly good common sense. read more

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