My overall goal is to become a mortgage broker as I like the idea of having all lenders as an option and working for my self.I really appreciate the help! 

Ah, Ok, you have an idea of what we're talking about then. 

However, the idea of running a rental business while waiting six months for payments especially with bills still coming in doesn’t seem sustainable.Can anyone speak from experience in the current market?

While the numbers they provide might make sense under specific conditions, it’s always a good idea to apply a more conservative approach to ensure you’re prepared for the unexpected.For vacancy, the tenancy averages they’ve shared (3.8 years for C class and 6+ years for B- class) aren’t out of the realm of possibility, but I’d treat them with caution.

I think the idea of planning on selling 1-2 lots per exchange might be easer to handle.

To the greedy ones, don't get any ideas, just an example that a bank still has a duty to customers not to put them in a situation of having to deal with an untrustworthy party.

I’m leaning towards the Fannie Mae route but have no idea the process to transfer it to your LLC later.

Hi Folks,I would like to know your opinion, is it good idea to buy $1M multifamily (two family) house for investment purpose in jersey city area (jersey city heights).

There are a million sites you can look at to get an idea based on more parameters.

Thanks for the ideas!