I have no clue what that is but it is high . what does it entail thanks for your help.

However as your post states you have recently committed to become MFH investor which entails a minimal to no knowledge of the business at this time.

What that would entail would be to fully purchase the property using your HELOC so it would be like a cash purchase (lots of advantages to use with the seller - quick close, no finance contingency, etc). 

BP Family, I am putting an offer in on a nice 2 family in North Jersey. It's zoned as a 2 family and needs a lot of work but is in an area that gets good rents and a nice neighborhood. Since I'm already doing the work...

I'm a big fan of minimizing common areas, common amenities... and their inherent expenses to the small-time landlord... whenever possible.Think of common areas and amenities as the socialist part of your capitalist facility... encouraging irresponsible use and abuse...Your use of a direct payment system, like the coin-op timer, is a good step in the right direction.However... if you are going to use the basement as a common area... sounds like you need to have a common area electric service with its own meter...If you see no reasonable or affordable way to physically separate the common area utility circuits from the lower unit... then you might want to adjust the lower unit's rent to compensate...If you have decided not to do any re-wiring... another option might be to designate the basement, and all it entails, as belonging to the lower unit... since it is already wired that way...

Hi does anyone have any thoughts or input on what is entailed when to comes to referring buyers to realtors for a fee?

Now you would also have to get a house under contract with enough compensation to cover closing costs too as purchasing a house will entail downpayment + closing costs.

Errol Alexander Dowis let’s start with what does a “good starting job” entail as far as pay goes?

I was looking into OOS turnkey companies at the time and reading your posts was helpful in deciding not to go that direction, so thank you.However, I don't think it's fair to make the assertion that syndications are that much better than SFR's based on the two experiences you've had with each.

Asian borrowers.”In the complaint, the DOJ asserted various theories for its claim that the seller 4inancier had discriminated against borrowers on the basis of race or national origin, violating the Equal Credit Opportunity Act (ECOA).