We need gross rent, purchase price, mortgage payment (P & I only) and repair costs if any.

Check out the neighborhood; understand the comps; determine any repairs needed; look at the leases; etc, etc, etc.However, assuming all that is satisfactory, the key point with rentals is to make money.Here is how I see your potential deal:Gross Rents: $3,890Operating Expenses: $1,945NOI: $1,945Mortgage: ($99,900, 30 yr, 8%) $733Cash Flow: $1,212 or $151/unit/monthThis is an EXCELLENT deal from a numbers standpoint.

At that point it promptly plummeted and didn’t get back to that level until recently.As far as oil, technical analysts see a near term peak at $105.

Run the numbers, pull comps, estimate repairs (with a cushion), bottom line - offer what you are willing to pay but more importantly what you can afford.

Politian’s, builders, realtors, real estate investors, credit repair businesses, contractors, home buyers and sellers, etc.

As an OO you should look into a 203k loan that will allow you to finance repairs and delay making payments up to six months.

I got an AHS policy from the seller of a property and actually got a new compressor for my air conditioning but even after getting that very expensive repair, I could not recommend them.

Upcoming area of New Jersey Essex County.Single Family: 3 bedrooms 1 & 1/2 bathsAsking: $180k [negotiable]Repairs: $25 - 3okBasement is unfinished, kitchen needs updating and kitchen ceiling needs repair do to plumbing work done.

and I will ACTUALLY honor warranties promptly.

In other words, make sure there is plenty of profit in it compared to the amount they have to pay and the repairs required.