They countered with giving me a credit for $2,500 at closing.

does anyone know how the new legislation in New York in December is going to benefit investors in ny are there houses that are not listed for sale right now that are already bank owned . 

The benefit of working in rural Iowa is that there are no rules and rental code!  

I think there are benefits to each and it really depends on your goals.  

It is my understanding that if you go 5 units or more you will need a Comercial loan and Comercial loans look at the property value and the revenue it generates and not so much credit score or DTI...so look for properties that are 5 units or more.Or do BRRR (Buy, rent, rehab, refinance) using a private loan (mom and dad or invester) or hard money loan.I hope this helps a bit.Good luck!

I approached a larger branch bank chain, would i have better luck at a small credit union or a mom and pop bank?

@Brent Kiger I've been using rentigo for a while now and am really happy - @Cornelius Dudley is right - the tenants pay a service fee for using credit card or ACH and I'm assuming that's where they make their money from. 

We have great credit scores and high income.

Checked with Local credit unions and banks in local Erie,PA. they have their own regulations on out of state properties2.

I would rather just hear from people who have quite a few properties what they actually have paid over at the very least 5 years and hopefully hear from people who have actual numbers from owning properties for longer.I'm sure this will benefit everyone who has new properties or people looking for actual numbers.Thanks in advance!