long time bigger pocket podcast listener looking for boom recommendations. im going to pitch to some investors in a couple months on acquiring a large apartment complex. looking for a book that will teach me how to find and analyze aparrments and how to show in real numbers the roi, cap rate, cash on cash etc and be abke to prove how they will make more money than they do in stocks. also want ro be able to analyze different complexes for deals. thanks in advance.

So within a couple days or so of having your bid accepted, your loan has been submitted to underwriting and there's no screwing around. 

I have a couple questions: 1: my understanding is that the property has to "season" for 6 months.

If you are trying to use the "Delayed Financing" exception a couple of things you should keep in mind, #1 you must have paid all cash for the property (no borrowed funds for purchase) and no liens on the property #2 you can use the maximum LTV allowed for purchase of property (ie. for an owner occupied property 97/95% LTV or non-owner occupied max is usually 80-85% LTV) #3 must refi within 6 months of purchasing the property (so for the most part you are going to use the purchase price plus improvements rather than the new appraised value) #4 property will have to qualify condition wise within the lenders guidelines, so no major work should be outstanding like broken windows, holes in the roof, ect. 

However, I think that if you were to lock in a private-party loan to fund the second property, you could repay the debt service once your mortgage for property number one is issued in a couple of months.I'd be happy to hear your thoughts on the above. 

I have been listening to the podcasts for a couple weeks and am hooked!

I'll still cash flow in the SFH with the bumped up mortgage.My current terms are 4.85% I'll be able to pull out $80,000 cash, which I'm hoping to couple with $19,000 of savings to purchase a duplex in the same market.

There are plenty of rentals in Aurora, Naperville, and a couple in Oswego but none specifically in Montgomery that I can find.There are a couple of hotels in the area, which shows there is at least some demand for stay in the area.What are people's thoughts/experiences on this?

You will meet a nice girl and get married and have kids and you will want a nice brand new 3000 sq ft house in the suburbs.

For ex in the early part of my research I completely avoided a zipcode , with her inputs , I was able to understand that there are couple of pretty good blocks .