There are a ton of illegal basement apartments all around Hudson County--maybe 10-15 years ago there was a program (at least in Union City) where many of these apartments were made legal, I think partly as a way for the city to generate revenue, and partly as a way for the city to have some oversight, since people were renting these apartments out regardless of their legality. 

I recommend The Multifamily Mastery Program.

I know long time right but I would go to real estate events, REIA meetings so on and so forth, but they wouldn't give you all the information needed only bite sizes so you could purchase their costly programs.

Secondary would be for all of the clients, "Gators" who follow his program and use it.MAJORITY of the clients don't even have a little capital, enough to fund the first EMD deal and come back to the group for funding.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

Then if at the end of whatever time you have agreed upon, if the tenant still has not left, you can get the Execution to move them out.There are programs out there that may assist the low income tenant with first last and security as well as some moving expenses at a new apartment.

I do have a program that can close on a blanket loan in multiple states - they do tend to like to cap that at 10-12 properties or $1MM in loan amount per blanket loan.

More info on what goes into DSCR rates and overall program details:DSCR loans won't use your income to underwrite the loan.

This criteria is for 1-4 and 5-8 unit programs.

Who here apart of BP has experience with this program?