I am in MA networking and getting my MA Brokers license this week.

In my forthcoming book "The Value Investors Guide to Apartment Buildings" I use this illustration to show the relationship between cap rate and price given a certain amount of NOI: Good hunting-Thanks Giovanni,Since Iam still learning about MFs I doubted myself when challenged by a broker I'am working with.

FYI - I recently posted this in another thread - might help you get your head around what it takes to start a wholesaling business ~What you need to get started is:1) A process2) A teamKnow exactly how your process will work:a) Meeting cash buyers & understanding their needsb) Finding motivated sellersc) Evaluating propertiesd) Calculating offerse) Testing the water with your buyer(s) if necessaryf) Negotiationg) Closing via a contract/agreementh) Assignment to a cash buyer via another contract/agreementi) Receiving payment at closingFor your team, you'll need to know:a) Cash buyers, of courseb) Real estate agent(s) or broker(s) - provide comps, MLS opportunities, etc.Perhaps also,c) Title company (good to have but more important for cash buyers; but you may want one to hold earnest money in escrow)d) Attorney (required in some states)Best of luck!

I am an reo and HUD broker in Colorado.

You have a few options, and you will be best fit to talk to your local broker so he can evaluate your credit and income profile.You can either take the cash out in a lump sum on fixed terms, or apply for a HELOC(Home Equity Line of Credit) which functions more like a credit card.In either case, you will likely only be able to borrow up to 75% of the value, which in your case is ~$187,500 for each property.

Call an appraiser or another broker to find out.

Kevin,I am an active mortgage broker for single family homes, investment and commercial properties, and refinances located out of Central Texas.  

Here's my situation:I have been working with a commercial broker for the last two years to find a good MFP, found it, got my offer accepted at 1,365,000.I have a good relationship with a bank, have the lending commitment, have a good relationship with PM, have their commitment to manage the property.Downpayment will be 275,000 and I had initially planned on doing this myself, but now thinking about partnering with one other person.

I remember my broker recommending me not to be an investor as a license agent.I currently live in Charlotte NCWhat are the advantage/disadvantage of being an investor with a real estate license?

I heard from a very well-informed mortgage broker that Fannie Mae was reportedly very close to announcing a bump in their property limit from 10 to 12.