Hopefully you have other, better qualified applicants to go with or can deny this couple on something else (credit, income) so you don't have to deal with their nonsense.

Off MLS deals arnt going to cash flow any better than on MLS deals in MoCo.

I'm not bold enough to buy real estate at negative leverage - few deals in my area (and I presume, Manhattan), are trading at "Cap Rates" greater than 7%. 

Find your own deals that aren't listed.

**Home Equity Loan or Line of Credit**: If there's enough equity in your other rental properties, you might be able to tap into that to fund the auction.Act quickly to explore these options, as timing is crucial to secure the deal.

I hope you know I mean 'stalking' lightly but I fear of missing a deal so I don't want to waste any opportunity to build a relationship wight the buyer.  

This happens when good deals are made with owner occupancy.

When funding your real estate deals, do you prefer PMLs or traditional bank financing?

My 1st deal ever.

My goal is to do my first RE deal early next calendar year.