I grew up in NJ (Orange) and went to high school in NJ (Ocean City), and I am quite fond of Jersey and hate to see it decline but in all honesty I can barely fathom how anyone who makes less than $100k annual even stays there.

I personally an expecting a decline in values within a year, but so far the market has behaved as though I know nothing. 

One thing that I noticed is that the growth rate of that area is less than 1% or negative (depending what website), does anyone know why is growing so slowly/declining?

Hello all - I am about to close on a commercial real estate property with a local credit union offering 75% LTV.The seller has agreed to do a NOTE for 10% but the bank declined it.

#3  have every possible outcome - death, disaster, decline in value, loss of income... in your agreement, this is a marriage commitment to mingle your money and future.Fannie Freddie FHA won't allow you to vest in LLC.

Apart from the excellent cash flow now , almost all the other indicators are bad. population decline for decades, poverty levels are high, un employment levels are very high

We really do not have any issues with charging $40 for an application, we have a cost to run reports and process, our acceptance rate in comparison to declines is drastically broad 25/75 split.

Just kidding, mostly, if you are strictly looking at ROI eventually it starts to decline.

This is 1) because I am a big fan of leverage 2) I do not forecast rates declining 3) I am conservative in any appreciation or rent increase forecast 4) I am cognizant of the level of effort and risk involved with residential RE 5) I am cognizant of other investment options.If I can effortlessly and with virtually no risk have money market or CD return near 5%, what sort of return do I need from residential RE to make it worth the effort and risk. 

If they reduced the price $100000 that is probably less than the risk they take with your deal.You can go back and offer higher interest rate for their risk of foreclosing on you which will cost them a year, attorney fees, and maybe the value declines.