Looking for a seasoned realtor recommended by the community in Bergen and Essex counties to purchase multifamily buildings.  

Once a year during tax season the question of a better record keeping hits me :)  We manage about 20 rental units and once a year I need to go through all our business accounts statements and credit cards to sort through records for the whole year. 

NEW YORK REAL ESTATE INVESTOR MEETUP (LONG ISLAND, NEW YORK )LOCATION: 50 Jericho Quadrangle, Suite 210 | Jericho, NY 11753All investors small or big, new or seasoned should join our group and attend our free event on May 20th at 11 am.

Talked to the banker though, and by next year, once I've seasoned the rents and proved the history, they'd be more than happy to revaluate and do a HELOC or refinance at that time.

You should be talking to regional banks as well as the big players and see what both have to offer.  

Also remember that there are a lot of other factors to consider for vacation rental properties such as seasonality/demand, view/waterfront vs. not, community amenities, what it is near, making it warm and inviting, etc.Best Regards,Scott

In regard to institutional real estate investments, the advice of an expert who works in the industry every day, knows all the players and their track records, and performs due diligence on each offering is a great benefit to you and comes to you at no cost.

Some will want to see that the income has been coming in steadily (called a seasoning period, or seasoned income) before they count it, but it certainly happens.

A seasoned investor should be able to explain exactly why so you can verify it independently on your own. 

You allow the property to season for a year, building a 1-year rental history, then refinance to pull your original investment out so you can do it all over again.