@Kevin RodriguezYou could also increase the rate a little, do lender paid MI so it doesn't show up as a separate  component of your monthly payment and then get a better deduction on your income taxes.Stephanie

@Mitch P.Yes, you can cash out for the full amount of LTV that the lender requires - some require 75% and some allow 80% - also, a lender that allowed 80% may require 75% on another deal if your personal situation changes - debt to income, etc.The deals are out there - I am constantly on HAR looking at my target neighborhoods - I also have automatic notifications set up when a new property comes on the market that meets my criteria.

But here in Georgia there is a legal requirement that the lender must put a public notice ad in the local newspaper for the 4 Thursdays before the foreclosure sale.

Property $40,0000 + $3,000 Rehab ($850 Closing) - Rent conservative $700/mo - optimistic $750/mo   (its a 3/1 I have a 2/1 close that I rent for $700 right now)Commercial loan from portfolio lender that will finance upto 85% of broker price option of $50,000 (terms 25yr at 4.35%) as long as DSCR is over 1.25 its over so no issue.Would you ratherA. put 20% down and finance $32,000 ($11,850 in) with $244/mo cashflow on $700  $700/mo- $175 mort- $75 tax- $56 prop man (8%) (I pay 6% because every property over 4 with them drops from 8% to 6%)- $45 ins- $70 repair (10%)- $35 vac (5%) - property management is local and averages 2-3%= $244 ($174 if you figure 10% capex, but some people only do 5% repair then, which would be $209 cash flow)$2,928/$11,850 = 24% cash on cashorB. put 0% down finance $40,000 ($3,850 in) with $200/mo cashflow on $700$700/mo- $219 mortgage- $75 tax- $56 property management (8%) (I pay 6% because every property over 4 with them drops from 8% to 6%) - $45 ins- $70 repair (10%)- $35 vac (5%) - property management is local and averages 2-3% usually 20-30 people per open house I rented my last house in 4 days= $200 ($130 if you figure 10% capex, but some people only do 5% repair then, which would be $165 cash flow)$2,400/$3,850 = 68% cash on cashI live 25 minutes away,  I like the cashflow higher but I have a good W2 job that allows me to invest $2,000 a month of my own income into real estate plus cashflow from properties is all re-invested. 

Can anyone give me advice on finding the right lender?

So you'll need cash on hand or find a sympathetic private lender.

Desmond Alexander I haven't heard of FHA zero down but it sounds like some are advertising similar things in CA. http://www.desertsun.com/story/money/real-estate/2017/09/08/get-house-no-down-payment-one-desert-lender-says-its-possible/594674001/Basically they are combining FHA with those local downpayment assistance grants .I think those grants are usually for first time home buyers.Personally I don't know if people have zero down and no money getting into a house is a good idea .

We have been to a lender,  and shouldn't have a problem getting an FHA loan, up to 4 units.

I 'd love to refinance the property so I can remove the MIP and hopefully get the HELOC loan so I can repeat.Does anyone know any lenders here in Union or Elizabeth NJ that would be able to help me refinance?

Looking to network with real estate investors, agents, contractors, lenders, you name it!