Since 2007 DetroitProgress.com has been involved in the business of real estate investing in low-middle income housing within the Detroit area. We will be actively marketing both our wholesale and retail homes on the website along with updates on our progress. Our long-term goals are to provide low-income housing to families and investors for the purposes of rehabilitation and revitalization of local homes and neighborhoods. Our target areas are blighted and underutilized neighborhoods with low-middle occupancy rates.
In the past, one-half of the partnership has been actively involved in the property preservation business of foreclosed homes. This business has allowed DetroitProgress.com to build relationships with banks involved in low-middle income housing financed in Detroit. The relationship has provided an opportunity to purchase foreclosed homes in bulk at below-market values. Our strong relationship with several banks gives us the opportunity to purchase properties before they become available to the public or listed on the Multiple Listing Service (MLS); and effectively puts DetroitProgress.com at the front of the distribution channels of foreclosed housing.
An amazing opportunity has been created by the sub-prime mortgage meltdown; will you profit from it? Detroit has seen record numbers of foreclosures with one of the highest rates in the country. Detroit is poised for a major comeback and is earmarked as the next big revitalization city! A joint effort between the State of Michigan, the U.S. Department of Housing and Urban Development, newly appointed Mayor Mike Duggan and staff, and several other financial institutions and non-profit organizations.
Join us by investing and improving one of the United States’ most historic and treasured cities.