Looks like Deee-TROIT is poised to get an “infusion” of US investor, foreign and/or mutual fund money.
. . . “There’s going to be a big turnaround for Detroit, and I want to be part of it,” says Peter Grosso of New York, who paid about $90,000 for 29 Detroit homes at an auction last October. He plans to rent them for income over the next decade, then sell at a profit.
