You may also need to provide additional documentation, such as proof of income and employment, and may need to have a co-signer who is a U.S. citizen or permanent resident.In terms of buying with an LLC, it can be a good option for some foreign buyers, as it can provide additional liability protection and potentially offer tax benefits.

There's a few other exceptions such as a tax lawyer, but I find that a lot of folks find comfort in just having me respond to any notices that they might get.

I initially offered $200K in cash, but the seller countered at $240K.

Coming from a family of lawyers the ones in my experience that make less than that are usually just not that motivated or are not that good at what they do.  

That doesn't surprise me about NJ, knowing what I do as a person who's lived in the tri-state area for 25+ years, especially since becoming a father and coming to truly appreciate what NJ has to offer offer.

We have a 3% rate so dont want to refi but the property has appreciated quite a bit so would like to tap into that equity to fund our next deal.I am having some trouble finding lenders that offer helocs on investment properties.Does anyone know of any banks and/or lenders that do helocs on investments?

They may offer less direct management and, depending on the location, could provide a solid return.Peer-to-Peer Lending or Crowdfunding: You could look into real estate crowdfunding platforms that let you invest in real estate projects without owning property.

Syndications are great for truly passive income, offering tax benefits and diversification, but require high minimum investments and long-term commitments.

Decide what is important to you and choose the custodian that offers it.

Unless you've got deep pockets, a thirst for the edge, and are lawyered up it's probably not something you want to attempt.