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‘This feels like an opportunity’: I’m 55, earn $78,000 and have no kids. My mother gave me $10,000. What should I do?

by MISSISSIPPI DIGITAL MAGAZINE
by MISSISSIPPI DIGITAL MAGAZINE
The state's cities, including Detroit, Grand Rapids, and Lansing, offer a wealth of residential and commercial properties, promising substantial returns on investment. Michigan's economic diversification, lower property costs compared to many others. DSCR loans require a comprehensive financial analysis of the property. This includes evaluating rental income, operating expenses, and the property's overall financial performance. Investors can make well-informed decisions based on this data.