Im saving $1163 a month for expenses, which is 35% of gross but im managing myself and the taxes are rolled into the mortgage fee.

@Jack Edward Johnson Buying with large equity is only part of the equation - What you do with the property after purchase plays a large roll. 

This allowed me to roll with the punches with them and I know they were grateful for all the flexibility. 

.- Provide investor with outline terms of lease and a rent roll.

Ideally, I’ll be able to utilize a portion of my existing business to provide business to prospective realtors within the first month I’m open which should help get the ball rolling.

I also have rolled all my past employers 401K plans into an IRA with my financial advisor and he invests those funds in Stocks, Commodities and the sorts. 

One of my clients used this loan last year to pick up a distressed three unit in Berwyn, and he rolled in a substantial tuck pointing job as well as a boiler replacement into the loan. 

I contacted a Veterans Affairs loan officer to get the ball rolling and everything turned out to be good for a loan approval.

Just trying to keep the momentum rolling and wanted to know what the BP members thought of NJ investing and where they see value in NJ.

(CURRENT NORTH CHARLESTON CAP RATE IS 7.1%) ----------- RENTS ARE AS FOLLOWS: **UNIT 1 - $1200, **UNIT 2 - $975, **UNIT 3 - $850, **UNIT 4 - $750, *UNIT 5 - $575 --- Seller can produce all rent rolls and expenses, rents are easy to collect per seller.