Ryan,I have a background in multifamily financing so if you ever need commercial financing as opposed to traditional please let me know.Peter

Comparables in the area according to rentometer.com was saying that yes, we could ask for 1100 if we wanted to.

I am looking everybody's $0.02 for the definition of ARV.When the typical investor is talking ARV (As Repaired Value)are they talking "Repaired" as in: A) repaired to average condition for the comparable house in the neighborhood?

mortgage will be about 750.00 a mo @ 20% of 200k Tax is cheap compared to other parts of NJ 400.00 mo.

.- This is what you do.Have a local real estate agent pull sold cash comparables in the area within the last 90 days.

Compare apples to apples and listen

My understanding is that a SDIRA loan MUST be non-recourse, which I think will be vary hard to find through a commercial or traditional bank.

I'm talking where people buy a house under contract to pay the deed holder without having to get a traditional loan.

One other thing that is appealing to the current owners is getting a decent rate on the notes they would carry, compared to the fixed rate products that they would be likely to put their money in such as CDs.

How would your rent compare to the going rents in the area?