hi everyone, i want to get contact with an agent specialized on foreclosure/bank-owned properties, i live in newark nj, I'm looking to buy a multi-family house. thanks for your time and have a great day alla of you guys....

It'll be 'easier' to get a loan as individuals rather than an LLC (specially if it's newly formed).

TIA.If you want this house (that's the first question) and it has some cosmetic deficiencies and it's in a great neighborhood, I would offer him a lower sales price (like 30% lower if that's more in line with what the property will appraise for), take his financing if:there is no prepayment penalty and it's 100% financing the cash flow is acceptableand then refinance it with a lower rate product with no seasoning on title or wait out the conventional seasoning period and refinance it with a Fannie Mae loan. 

Be lucky you have those people in place, but don't expect that to be the case in the future unless you have 1) a product that can't be beat, or 2) a price that can't be beat to encourage your tenants to stay. 

If not, you'll have to learn how to hire contractors who specialize with this property type.

What I'm hearing is that you are selling two investment lots and want to exchange into an avocado farm and want to make some improvements to that productive farm. 

the banks are simply cross selling their  products   figuring the more connections they have with you - the longer you will be a customer ...often they will offer an incentive  like a slightly lower rate  or removal of a loan fee  in order to  entice you to open up an account ….. don't overthink this  option …..all the best

Brian Bandas there is nothing special about investing long distance.

Hi, I'm looking for lawyer specialize in eviction in NYC area.

probably best to ask an attorney or RE agent that specializes in investments and condos for this one.