@Heather ShannonIf you buy a 900k 3-unit property and put 20% down you're financing 720k, yes, but that puts you into "jumbo loan" territory not "needs PMI" territory.

@Rishona Lebovits Hi Rishona...As a Managing Real Estate Broker, I can tell you that is very dangerous territory for ANY licensed Agent. 

Does your agent work the same territory as the other agent or are they in differwent locations ?

LOL, It's like my kids comming in and asking how to spell a word and I tell them to look it up, they learn in the process, if I just tell them, it won't stick as long.You're getting into sticky territory here, you really need to get with your broker and forumlate a marketing method and "program" that the broker will approve of!

We had one 43-unit apartment and calculated we could have 14 vacancies before we would pass the break-even amount and be in negative territory.

Oddly enough the "money" was gone in a flash, but it took the bean-counters YEARS to recognize the theft (while the favored few enjoyed their playground without a clue).Of course when your accountant's name is MOSES, your *** is gonna be dragged at least 40 miles through some tough territory...http://www.newwest.net/topic/article/yellowstone_club_how_to_go_broke_on_375_million/C35/L35/Just another story of money returning to the vapor it was, nothing serious, a few might get slapped, but NOBODY IS GOING TO RECOVER VAPOR PAPER here or elsewhere.

Now you're got a great deal, even if this is three or four units.If its more than four units, you're in different territory for the refi, and it will be more complex than you're thinking.Frankly, I think you're being taken to the cleaners by a group of people who know each other much better than they're letting on.

Any time money moves between the buyer and the seller, and the lender doesn't know about it, you're at best in very shaky territory.

I’m not trying to stomp on your territory but I’d be interested in any advice you’d have to share.Thank you,Eddie

I'm a US Citizen and I was thinking of buying a nice beachfront (or near-beach) property in a US Territory.