FCRA is Fair Credit Reporting Act and meant to ensure you don't discriminate based on the basis of race, color, religion, national origin, sex, marital status, age, or public assistance.  

What he is offering is:-His team will do the due diligence on the title to ensure it's clean-acquire the property from auction with room to make 20-50% profit-provide actual comparables-consultation prior to auctionHe wants a non-refundable payment of $2500 to set up an account and the $2500 per property making it $5000 up front (in addition to actually financing the properties in question).

I believe that identifying a great deal is hard to recognize in the public forum, if there are any secrets to success in the real estate investment market it is to make the great deal by making offers often using creative alternative financing terms. 

I have the nonrefundable fee in there to ensure I am dealing with a legit buyer and not another wholesaler who wants to daisy chain this property. 

I'm a Real Estate Investing Coach teaching these kinds of creative strategies that I use in my own investing.

Your time here will be well spent.Since you expressed an interest in multifamily units, I added a couple links below for your review.http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex) https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (Choosing multi-family deals)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meetSetting up Keyword AlertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/forums/categorieshttps://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

I'm hoping to purchase in Jersey City, NJ and am looking for recommendations for the following:- RE Tax advisor: ensure I'm doing everything I can to maximize my tax situation regarding the purchase and operation.- RE attorney: discuss whether or not forming a series LLC is right for me.- Financial Planner: Again, just want to make sure I'm doing everything right.I'd appreciate any recommendations you may have for people you've worked with that you like and who understand the specifics of RE investing.

You file for eviction as soon as it's legally allowed, which is probably as soon as it's late.Also, you need to ensure that there isn't a maximum late fee you can charge.

It's about getting creative within your budget, and there are several areas besides the ones that @Dan Burstain mentioned where we can do that.

These are just a few of the creative strategies I teach from my own investing experiences.