Here are key factors to consider when searching for a reliable broker.A good private money broker plays a pivotal role in facilitating real estate investments, serving as a bridge between investors seeking capital and private lenders willing to finance those investments.

If you wholesale, and there is only 1 deed transfer with a gap fee going to the wholesaler, that's ok in NJ.

And the size of the duplex and bed/baths depends on the size of lot, location, and what we best feel would rent best and all the other factors. 

Vrbo has free price automation software.I use Excel for book keeping.I don't pay for any third party software, not really needed on 1 or 2 properties.I charge a little extra for cleaning fee than actual cleaning costs.

At the time my only issue was their loans appear to be backed by wall st.. so the closing docs were enough to kill not one but two trees and took way more time to sign the  whole package then I like to spend signing closing docs :)  But thier fee's and rates are hard to beat. 

Since yours is only water and heat I would recommend you charge 50% and lower the rent cost rather than factoring it into the rent price.

The minimum down payment for a property in this price range would be roughly $27K.That said, you also need to account for bank closing costs, inspection costs, appraisal, attorney fee, and title costs.Your scenario may require a seller's concession to account for these additional expenses.Investing with $50K is totally possible in this market but your journey may be met by challenges i.e.

Just some wire fees and maybe termination fees from the custodian and your time to consider...

This fee is typically a percentage of the remaining balance and can vary based on the loan agreement.2.

Waived Fees: For vacant lots that previously had homes, water meter and sewer tap impact fees are waived.