How long has the company been established?
We were founded in October 2001 and have been operating profitably ever since.
What is Infinity Properties Group?
We formed this company hoping to bridge the gap between real estate agents and homeowners, so that people looking to invest in real estate would actually be aware of the specifications involved in real estate dealings and processes. Since our inception, we have been able to fulfill our mission by guiding hundreds of homeowners and investors in the sale and purchase of real estate
Why purchase an investment property in Detroit, Michigan?
There are many reasons to buy an investment property, such as it’s a good way to diversify your holdings beyond stocks and bonds. Plus, renting can generate a steady monthly paycheck. You also may see the value of your holding increase over time – faster than a stock or bond would.
As for investing in property in Detroit, MI – Detroit currently has a large supply of under market value property along with a high demand for affordable housing – which are ideal conditions for investors looking to build residual income by purchasing properties and then renting them.
What does the term “ROI” mean in the real estate industry?
Return on Investment (RO) is an accounting term that indicates the percentage of invested money that’s recouped after the deduction of associated costs. When it comes to real estate, ROI can include a number of variables, such as amount of money borrowed and terms of financing.
Are your rental properties newly renovated?
Yes, we always renovate our rental homes so that they are desirable places to live featuring the latest amenities and conveniences of modern living.
Do your rental properties include any utilities?
No, utility costs are not included in rental costs and must be arranged by the renter.
What is the starting price of your rental properties?
Currently, the starting rental price of our homes is $800. Please be aware that number can vary depending on a home’s size and condition.
What is a property title?
The property title refers to ownership of the property, meaning that you have the rights to use that property. It may be a partial interest in the property or it may be the full. However, because you have title, you can access the land and potentially modify it as you see fit. Title also means that you can transfer that interest or portion that you own to others. A property title differs from a deed, which are the legal documents that transfer title from one person to another.
Do you accept Section 8 vouchers?
Yes, we accept Section 8 vouchers. Under the voucher program, individuals or families with a voucher find and lease a unit (either in a specified complex or in the private sector) and pay a portion of the rent. Most households pay 30% of their adjusted income for Section 8 housing.
How will a land contract help me?
One of the major advantages of a land contract over a mortgage is that land contracts do not require you to have stellar credit to qualify. In fact, you may qualify for a land contract with little or even poor credit. That decision lies in the hands of the seller, who solely decides to whom he wishes to sell the land.
At Infinity Properties Group, we specialize in land contracts, and are committed to giving our customers quality homes based on land contracts, which include an initial down payment of $7,500 and easy installments. Not everyone can afford a home and, sometimes, banks won’t give you a loan so that you may achieve your dream of becoming a homeowner. A land contract could be the solution
How can you help me invest in property?
Among other things, we can help you flip houses for profit, buy apartment buildings, buy rental homes and much more. We are extremely knowledgeable about the area and are experts at getting profitable deals done. In particular, when you work with us you can count on receiving all of the following:
- We will diligently search to find the right property in the right neighborhood – specifically we will look for areas with high demand and significant income potential!
- We will acquire your property at the lowest possible price
- If the property needs repairs, we will use our top-notch contractors to renovate the property to ensure that it generates top earnings for you!
- We will then utilize our connections and standing in the community to ensure the property is rented out or sold as quickly as possible so you can experience immediate cash flow or a profit from your investment property rather you want to rent it out or flip it we can help you accomplish your goal!
- We will also work closely with you on your exit plan to ensure you get the maximum profits from your investment!