It appears to be among the towns most rich on 3-4 family properties in NJ. 

I have attempted to search the title myself but the property is in a really small town and the records don’t appear to be available.

(at least in London metroplex) many property transactions are not fee simple transactions (which is what we are used to) but are in fact the equivalent of very long term leases. 

:@Elliott Elkhoury see the details of the LLC strategy here https://www.biggerpockets.com/forums/48/topics/460...It appears that applying for a bank loan to pay of an existing loan is *not* the same thing as applying for a bank loan against a personally financed property, even if the existing loan is from an LLC that you own. 

There are times and reasons to look back with regret and in this case the numbers it appears the numbers support that.

It still should be about the similar spread (75bps or so), but there are a lot of levers you can pull more easily on DSCR such as buying down points, heavy prepayment penalties, flexible underwriting guidelines that can make the rate equivalent or even better than on the conventional side

I also couldn't help but chuckle at how much cheaper small MF properties appear to be in Indianapolis compared to my smaller yet more expensive market in Northwest Arkansas.

With the difference between a property's sales price and the amount of its encumbrances being equity, eyebrows start to raise with so much as the appearance of skimming and/or other shenanigans, which the 2008 fallout brought us in the form of foreclosure prevention acts protecting homeowners against...operators with less integrity than others. :)Regularly seeing wholesalers ask close to if not retail values for property, and/or other shenanigans, like advertising sub-to terms, a violation of the due-on-sale clause seen in most if not all mortgages, even the sale of property, considered licensee activity, when all they have is equitable interest in said property, at best.

Plus, whatever appears to be the "best" market to you, also appeared that way to thousands of other investors already competing with each other in that market.What's important here is that you choose a market ASAP and focus on building your team there.

Using 2.5% as the average inflation rate, $1.5 million in 30 years has the buying power of the equivalent of $476,743 today.