For large apartment buildings, banks would definitely require you to have these funds.In reality, what is important is liquidity of these funds. 

Besides facebook and craigslist....what are the best sites to attract the right buyers for this product?

I have e-mailed Varco-Pruden, and Trachte but not gotten anything back as far as a quote.

Get training like MoreGCI to track what productivity you need to be making each month.Most of all, stop reading/learning.

your best bet here is to find a professional that knows the area, product and market you are selling in.

Since you don’t need cash flow from the house to survive, you can easily do 7/1 or 10/1 ARM product to save on interest cost and get your money out My two cents

Here's yours: http://www.westmilford.org/Cit-e-Access/webpage.cf...If the land is zoned residential, then you could inquire if it's currently owned (public records search will tell you).

Barsoum & E Venuto), and More Than Cashflow (J.

Pros - Higher rents than renting to a family, I can pop in anytime to check on the place, if one guy moves out, I don't lose the whole rent, no wear and tear from kids or pets.Cons - Higher turnover (I usually do month to month which also has higher rent), potential for parties (but I screen very carefully so this has not been an issue at all), parking, roommate drama (rare with professionals).Just another option to consider.I'm a mortgage lender myself and I wish we had a 90% product like that MACU loan!

There are commercial products out there with 30 year amortization to help keep payments low and you can cash out between 70-80% LTV.To answer part of your other question.