MARKET

‘I’m in a financial mess’: My income was cut in half. Do I sell my $600K home and kiss my 2.9% mortgage rate goodbye?

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.