If it's a decent sized multifamily and if you haven't raised the rent 50% in the past three years, but basically maintained them then I would probably use some equity to buy another well cash flowing property.

Every three or six months there's magically a seasoned 25% down plus needed PITI reserves, ready for the next purchase, sitting in a plain old boring Wells Fargo checking account without a lot of activity on those two months of bank statements I ask for.They write offers that end in 888, or want me to tweak their loan amount down so the base loan amount is $XXX,888.

I see there are about three meet-up groups in the area.

I'm going to have her call all three suggestions and see what happens. 

When folks headhunt me, I ask for three things.1) Access to their interest rate pricing.2) Put me on the phone with the regional underwriting manager. 3) Put me on the phone with your regional operations manager.4) I'm not interested in talking to you, headhunter/recruiter dude, so go away.I have found that there is absolutely a trade-off.

In short, if you want a seller-carryback note created on or after January 1, 2014, if it is a private individual, trust, or estate, then ask them to sign an affidavit saying that they have not done more than three in a 12-month period and how many of them had balloons.

Tenants who are reluctant to do this means that they probably don't have sufficient funds in their accounts.

Hi Sean,I live in central NY, but my daughter lived in Woodbury with her fiancé the past three years.

I have a three year term without proving income or showing a credit score.  

My current plan for my first investment is to find a great deal on a two or three flat, then purchase it with a FHA or 203K loan for the smaller down payment and live in one of the units.