For example some homes in Detroit are only worth $4,000.

Example, would this deals (not real numbers) require the same 100$ cashflow or would you adjust somewhere?

I am fairly new but what i have so far in my learning is that u can pretty much find comps anywhere but that doesn't mean there actuate, and as far as estimating in some book and programs they tell u to pick a number, for example what i have learned is that depending apon the shape of the house going from ugly to real ugly to junk 10,000, 20,000, to 25000 and also depending apon the size needing to be in the area of 1000 to 2000 square feet then to take these unreliable number in to this formula ARVx70%-repairs = MAO and back off slightly for profit now like i said i am new so ,but i do know this is complelely dumb for me use do gurus bring your answers and add your knowledge or subtract from this and tell us newbies how to correctly run the numbers and come up with offer that guarantees u money even if u have to flip the deal over to and end user of course that is if it sales lol...

Fannie and Freddie, by buying mortgages, provide American banks and other financial institutions with fresh money to make new loans, **(I thought they already had money, ours?

So, this is one example why I am asking.

An example: Market Rent is $1600 p month, PITI is $2000 per month.

You can check out an example of one I built there at http://www.sellsanantoniohomefast.com.

For NJ, sales come in monthly, although in some counties there might be delays of up to 2 months (example: Bergen).

When I pointed out the 20% down figure, it was not intended to imply that was the standard necessary on a commercail mortgage, only as an example.

Just an example but you get the point.