The catch was that the rent had to be close to a 2 bedroom condo's rent level so I found a condo in downtown PoCo where rent levels are higher because almost everything is in walking distance, while still being close to Nature trails and parks.  

I've been investing in jersey city for past few years and have been thinking about asbury park for my next investment.

Any chance a bank would give someone who has a decent amount of cash parked with them and someone who they have a long time relationship with a loan without proof of income?

Think about it, we pay THEM to walk twenty feet over to the boxes and then actually drive to the building,  rather than them pack up a truck, park, and walk around all day.  

Hi all.I have a possible off-market deal in the Morrell Park area in south Baltimore. 

Nothing terrible depending on how large the driveway/parking areas are - but its something.For your capX reserve, setting aside 400+ a month is fantastic on a 3 family.

Sometimes people have a lot of money but they live in a country that isn't very stable, so they want to park their money in a country with stability.I can keep going...

This is the deal on my plate. 5 mobile homes on $230 lots for $65,000Total Gross Income is $600 + $600 + $750 + $760 + $1000 (2.5 year lease purchase on $1000 home) = $3,710Total Monthly Expense: ($230 Lot Fee) + (30 Insurance) + ($75 Vacancy/Maintenance) = $335 x 5 -75 for no vacancy/maintenance on lease purchase=$1,600Net Income: $3710 - $1600 = $2110 x 12 = $25,320 / $65,000 = 39% ROI  The homes are old, and a very little value, but have been renovated/ new ax units, It seems like a good opportunity, I can't find many parks not even allow subleasing.

I am primarily looking at some townhouse/condo in East Downtown (EaDo) which is an up and coming area as well as by Hermann Park/Bayou where prices are a little higher but can be rented and hold value due to the proximity to the park, medical center, and rice.  

Orlando, Winter Park, Apopka Florida