Mortgage fraud laws are divided into two specific categories, which are:Fraud for housing, in which someone submits inaccurate information in order to be able to buy a home under more favorable termsFraud for profit, in which a real estate professional falsifies information so that they can get more money out of a transaction"most states also have their own laws in place.

I plan on buying at least a couple other 2-3 unit properties in the area (Newark, Jersey City, East Orange) over the next 2 years, so it will be great have a contact.

Is the extra few bux a year worth it? 

Lets say someone buys an apartment complex for 6 ml for cash.How much should they add for the closing costs if no loan needed?

In the process of buying my first 4 unit!  

So, if a broker came across this as either their listing or as an existing listing and had access to investment capital, they could buy out the equity position or one of the equity partners and structure the above transaction.

Just a hookup and level site probably won't do too well, but if you put a little extra into it folks will be more interested.

I kept trying to response but my phone was giving me difficulties but anyways I was going to say that when you buy a turnkey property you were buying at market value somebody else has already done the flip.

I tell my clients to bring it up to the seller, suggest that the seller contacts their own CPA for advice, and then slightly adjust the sales price to compensate the seller for the extra tax.

And yes, you CAN buy a property while stationed overseas.