Detroit Land Bank Authority
- In 2019, he purchased a second vacant home from the DLBA for $1,200.
- Orr transformed both homes into livable spaces with only $100,000.
You can become a homeowner in Detroit, Michigan, for as little as $1,000 — but it’ll take a lot of work.
The Detroit Land Bank Authority, founded in 2008, set out on a mission to return run-down and vacant properties in the city to productive use. To do so, it auctions off thousands of publicly owned properties through its public platform, Auction — and the bidding starts at $1,000.
In 2017, Vincent Orr, 33, a native Detroiter, won a home for his mother through Auction for $2,100 — and that was just the beginning of his adventures in real estate. While Orr had the highest bid, claiming full ownership of the home required some work.
The DLBA has a compliance program requiring winning bidders to renovate the auctioned homes. After the home is renovated, a compliance officer deems the home livable or not. If it is, complete ownership is transferred to the bidder.
It took Orr nine months and $40,000 to renovate the property. However, he learned so much that he’s become a bonafide home flipper, in a priceless consequence of the project.
In 2019, he purchased a second vacant home from the DLBA. The home, which sits next door to his mother’s, cost him only $1,200.
While Orr is currently leasing the home to a family member, he is still renovating the property. He has spent $60,000 refurbishing the home and making it habitable, and anticipated at least $5,000 more for repairs.
“COVID-19 put a little damper on the project because material prices increased,” Orr said. “I prolonged a few things like concrete work and putting up a wooden fence, but those are things that I plan on doing this summer.”
In an interview with Insider, Orr explained how he transformed both spaces with just $100,000. Keep reading for a side-by-side look at their transformations.
Do you have a similar story you’d like to share with Insider? Get in touch with reporter Alcynna Lloyd at .
This story, originally published in 2019, was updated in March 2023.
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In the 1950s, the auto industry started declining and companies started moving out of Detroit. By the 1960s, people were leaving Detroit in droves.
In 2013, the city filed for Chapter 9 bankruptcy protection. Since then, numerous programs have sought out different ways to improve the city.
Wealthy entrepreneurs are investing in the city too, like Dan Gilbert, the billionaire founder of Quicken Loans. As Insider previously reported, after Gilbert moved his company to downtown Detroit in 2010, he started the real-estate firm Bedrock.
Not only is Quicken Loans one of Detroit’s largest employers and taxpayers, but since its founding in 2011, Bedrock and its affiliates have invested and committed more than $5.6 billion to acquiring and developing more than 100 properties in Detroit and Cleveland.
Michael S. Williamson/The Washington Post via Getty Images
The DLBA joins a host of other organizations and people working to revitalize Detroit.
Detroit Land Bank Authority
Orr, a native Detroiter, grew up in the same ZIP code where he purchased the home, in the northwestern Detroit neighborhood of Fitzgerald.
Orr graduated from Wayne State University with a degree in media arts and is now a global supply chain group leader with General Motors.
“My family roots in this neighborhood run pretty deep,” he told Insider. “I wanted to stay around and bring it back to the level that I remember it at when I was a child.”
Vincent Orr/Facebook
According to the neighbors, the home had been vacant for about 10 years, Orr said.
He told Insider that the porch was torn up, the windows were missing, and the roof was caving in.
Vincent Orr/Facebook
Vincent Orr/Facebook
Vincent Orr/Facebook
Vincent Orr/Facebook
Vincent Orr/Facebook
Vincent Orr/Facebook
Vincent Orr/Facebook
The hardest part of the process was finding contractors, Orr said. Though he did most of the work himself, things like finding a roofing company turned out to be more difficult than he expected.
Vincent Orr/Facebook
Vincent Orr/Facebook
Vincent Orr/Facebook
“For the final inspection, they didn’t have to come out, because I documented everything with photographs and sent it to them,” Orr said. “They had been following the process along the way.”
“You have to show them evidence of the house being occupied, so you show them furniture in the living room, furniture in the bedrooms, and appliances in the kitchen,” Orr added.
Vincent Orr/Facebook
His mother’s home wasn’t the only property transformed on the block. DLBA’s program has gained a lot of media attention, encouraging more development in the neighborhood.
“I started receiving phone calls from all over the country,” Orr said. “I had news crews flying in from New York City and I even did a lead abatement commercial with the state of Michigan.” The recognition has exacerbated gentrification in the community, he said.
According to Orr, as more homes on the block are renovated and transformed into luxury properties, new buyers are moving in, inventory is declining and property values are increasing.
“A lot of money is going into the neighborhood,” he added, “There are houses with new roofs, trees, windows, and updated mechanicals. In my particular area, there are not many houses for sale.”
Courtesy of Vincent Orr
He got the home, which sits next door to his mother’s property, for $1,200 through a blind bid.
Prior to Orr’s purchase, it was badly damaged in a fire. What was left of the home was exposed to the elements and thieves who ransacked everything from its meter box to the garage door.
“I had to install the drop meter so a utility company could even hook up the house,” he said. “Once that was completed, the home became a smart house controlled by Google.”
Courtesy of Vincent Orr
Courtesy of Vincent Orr
Courtesy of Vincent Orr
“The house was vacant for decades and scrappers came in and cut out copper,” he said. “So I had to call a plumbing company to replace service lines.”
Courtesy of Vincent Orr
“The patio was a shell but it had structure,” he said. “I redesigned it by framing and measuring the other windows in the house and matching the sizes. I also added a patio door.”
Courtesy of Vincent Orr
Orr intends to add a private fence to the home, as well as a new walkway leading up to its porch.
Courtesy of Vincent Orr
The lot once had a decaying home on the property, but Orr petitioned the city and the DLBA to tear it down. Once the home was demolished, he purchased the lot for $100.
Courtesy of Vincent Orr
“I don’t have any children yet but I do plan on having some one day,” he said. “I want them to know they will be able to inherit property.”
“I’m three generations removed from slavery,” Orr added. “My great, great grandfather was born in the 1860s. Being able to own multiple properties honors those in my family that couldn’t own anything.”






