With 5 houses with loans, you'd be getting roughly 400/month in principal paydown.With one house, you'll be getting roughly 2 or 3% appreciation (if you figure the historical average).

If I can find a partner to sign for the mortgage she will sell for 25K.The Deal:2 bedroom 1 bath SFHAssessed in 2013 at 51KRents in the area average $750-$850 for a 2/1Taxes - $1900No structural or mechanical issuesNeeds carpet and maybe paint.

As far as Trenton, Newark & Elizabeth are concerned these are high industrial areas near the airport and the docks.

in-place generally is the current, cap rates are yield driven over time, stabilized is an average over time, the NOI average over ten years provides a stabelized cap rate of 9%. :)

This is a sign to me that they have had issues with banks in the past.In the lending industry, one thing they request is 2+ months of bank statements.

on a property for repairs and maintenance, if done by myself, how much should I expect on average monthly?

I almost couldn't believe that Lindsey Jean would associate with people like that but as her "mentor" says, you are the average of the 5 people you hang out with the most and it should tell you a lot knowing that she has anything to do with Marco.

What kind of commercial property:retail, industrial, office, multi-family?

Very cool that you offered to answer questions...My question is this....If I want to buy a rental property for 100,000, conventional loan, I would need 20% down, how much extra do I need in my account after the 20,000 down for the lender to feel comfortable on average?

Two points then, one, you could have fifty W-2s in one year, no problem if the borrower is in the same line or work for 2 years and the income quaifies as this can be considered "full-part-time" employment, that is also customary in the industry.