How the @@%! do i find forclosed homes for sale in Detroit suburbs and buy them with no money down???!!!?

ever hear the saying "if it's too good to be true, it probably is". you sound like the person wanting a home worth 300k for 20k. there are a lot of detroit homes foreclosed right now. the issue is that 1. you don't know when that area is going to pick up again. what good is a home you purchase to flip if you can't get rid of it. 2. it will probably be in a terrible area. ever see "8 mile"? that is where your house will be. 3. will be in terrible shape. that bargain is no bargain if it requires 100k in fixups.

as the other poster said, you need to get in touch with a good realtor experienced in REO. if you don't know what you're doing, do not even attempt all of this yourself.

Banks don't sell foreclosed homes (REO) themselves, they are offered through Realtors. Retain a Realtor that represents buyers as they will have your best interest in mind. It won't cost you anything as they are stilll paid by the seller throught the listing agent. $0 down? Forget it. That's what caused this mess.

realtor.sailor