If you're not comfortable with the process, spend some time finding a qualified attorney who can handle it for you. 

. :) This statement is not true.To clarify.When you talk to a banker up to four units can qualify for residential financing. 5 or more units must be considered commercial.

IDK, I said, but I can tell you that most of them barely qualified for the mortgage when they bought the house.

You qualify for 100% financing and the closing costs can be covered by getting "Seller credits" which is fairly common in this market.

I really want to make this happen, but I won't be qualified without that income.

I'd say about sub 20% are truly great, maybe closer to 10%.Finding a truly qualified, legit investor-friendly agent is a unicorn.

That's not a cheap price and I would imagine one would have to have a pretty decent job even in NJ to qualify, and that it would be a nice area and nice house.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Quote from @Lee Leoncio: One thing @Jason Wray failed to mention is that you typically need two years of work history to qualify for a mortgage.

Hopefully this is not some news to you, but sellers are no longer having to pay buyer agent commissions, now is a Choice, which might be confusing, but there is nothing to worry about. still, it doesn't change the fact that to maximize profit, it's wise for sellers to offer a buyer agent commission, attracting more qualified buyers to the listing. and for buyers, the main change is the need for a few extra forms and agreements before viewing properties.