I am curious as to other peoples view on this practice, risks associated with this practice, as well as benefits.

Since I'm holding the properties for 5 months, I'm looking to avoid points and closing costs associated with a conventional mortgage.

May the best man win.Done and Done.As long as I'm picking the charity, let's go with The Alzheimer's Association (assuming you don't have any issues with that).I'm not even a pro football fan, but now I have a reason to watch the game!

What recommendations are there on REI associations in New Jersey, specifically in Hudson and Bergen counties?

After a quick head scratch, I went to someone else at the bank and asked if two years rental income Schedule E from '09 and '10 would suffice to show experience--lo and behold it would.One day it's up, the next it's down, but I keep on truckin'.

I think it's Don Konipol that belongs to an association that is trying to bring accountability and consistency to hard money lenders.

Simply put some markets do not support buy and hold for cash flow because of high cost of entry, high taxs, and high expenses associated with running the property.

Can you just get a realtor/business associate to help you with there forms and go from there?

Every LLC should have an EIN (and a specific person is listed as being associated with the EIN - typically a member or manager, but not necessarily), but EIN records are not available on as part of a typical Lexis subscription (at least not that I know of).

John hit t on the head.