Fix and Flip Sourcing in Metro Detroit
Compare local wholesalers who source renovation projects for flippers in Metro Detroit. Connect for free and run your own numbers on every deal.
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Rebuild Detroit is not a real estate broker, does not verify property condition or title, and does not give legal or financial advice; information here is general.
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Top Fix and Flip Sourcing Pros in Metro Detroit
Featured spots are paid placements shown first. The Verified badge records dated checks; other listed businesses have not been verified yet. Confirm current licensing, insurance and written scope with each provider.
Browse every wholesaling or investor services company for fix and flip sourcing
Search all 7 published wholesalers profiles by city, service and verification status.
Fix and Flip Sourcing in Detroit: what to expect
Fix and flip sourcing in Detroit means finding houses an investor can buy, renovate and resell. Wholesalers look for dated or damaged homes in areas where renovated sales are strong, such as parts of Detroit's neighborhoods near downtown and suburbs like Ferndale, Royal Oak, Livonia and St. Clair Shores.
The risk in a flip is almost always the repair scope. Many Metro Detroit houses were built before 1978 and may have lead paint, older wiring, galvanized or cast iron drain lines, and basement water issues. A flip also needs building, electrical, plumbing or mechanical permits for most renovation work, and in Detroit those go through BSEED. Wholesaler repair estimates are a starting point, not a bid.
Compare Detroit wholesalers, then get real bids from general contractors before you commit.
What a good engagement includes
- Deal sheet with address, photos, lot size and tax status
- Access for your contractor and inspector before deposit goes hard
- Comparable sales you check yourself, not just the wholesaler's number
- Title commitment showing liens and exceptions
- Permit history from the local building department
- A written assignment or purchase agreement
What drives the fee
- Scope of renovation after inspection and contractor bids
- Permit, inspection and trade contractor costs
- Lead safe work practices in pre-1978 homes
- Holding costs: taxes, insurance, utilities and financing
- Assignment fee or wholesaler spread
- Resale market in that specific neighborhood
- Time on market after renovation
Rebuild Detroit does not publish fees. Ask each attorney to explain the fee basis in writing and compare.
Licensing and legal checks in Michigan
Michigan has no separate wholesaler license, but the Occupational Code defines a real estate broker broadly (MCL 339.2501): anyone who, for a fee, sells or offers to sell real estate or negotiates a sale for others. Selling your interest in a purchase contract is generally treated differently than marketing a house you do not own, but where that line falls depends on the facts. Ask whether the wholesaler holds a license through the State License Search, and have a real estate attorney review your contract.
Renovation work needs permits from the building department where the house sits (BSEED in Detroit). Paid contractors doing residential work generally need a LARA Residential Builder or Maintenance and Alteration license.
Verify: Michigan State License Search MCL 339.2501: real estate broker definition Wayne County Treasurer: Auctions and Claims How We Vet
How to compare attorneys
- Pull your own comparable sales for renovated homes on nearby blocks.
- Walk the house with a contractor before your deposit goes hard.
- Check open permits and violations with the city.
- Compare the wholesaler's repair estimate against real bids.
- Keep a reserve for hidden problems like sewer lines and foundation cracks.
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Fix and Flip Sourcing in Detroit: FAQ
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