Being new to REI and also being out of state seems tough, but my fiance and I both have great jobs in NYC with the ability to work remotely and the flexibility to fly down to the area whenever necessary.Ideally looking for a triplex or 4plex in a nice neighborhood that is cash flow positive.

You should select software capable of providing the following features: • Projections and analysis of cash flows and tax benefits using the IREM format• Maximum forecasting flexibility• After-tax IRR• User friendlyA computer program that has these features makes it easier to analyze properties.

I recently set up my own Podio for lead management and was really impressed with the amount of flexibility available, while maintaining a surprising ease of use (these are generally direct trade-offs).Quick Tips (Sorry @Brandon Turner, had to borrow the catchphrase)#1 MAP YOUR BUSINESS PROCESS ON PAPER/WHITEBOARD FIRST!

@Chris Gonzalez my experience it can be tough but would suggest local credit unions as they are more flexible than banks.

The portfolio loan will stay in house with the lender and won't be sold off to Fannie or Freddie, so they have more flexibility in what they can and can't do. 

You will get the call from the employee who got handed 10k to help with their relo (hopefully 10k taxed up :) and the employee is left to figure it out - And you are there to help them figure it out with your none corporate process and flexibility that they desire.

Is a HELOC a good choice in today's market with such few supply and greater demand. the buyers with cash offers are usually the winning bidsWould probably give you a quicker transaction and more leverage when negotiating The money is available only when you need it.It has great flexibility and light fees but can only do 20 year which makes payments higher and your cash flow per unit way lower. 

There are many reasons this can be beneficial including:- Getting Financing - Whether you utilize a DTI or DSCR loan, both will be easier to qualify for with the lower monthly payment a 30 year term loan will provide- Flexibility - With the lower monthly payment you give yourself flexibility.

I'm from Greenwhich, NY, (near Saratoga Springs) and i am currently deployed overseas, I am looking to purchase an income-producing 2-4 unit multifamily home, within the capital district, within the next few months (flexible timeline, will be home around October-November).

Most will say it's nice to be within driving distance of your rental and CT offers NY that flexibility!