Would this be in the form of cross collaterizing my current portfolio with a single lender?

We own a brokerage and my wife ErinAnn Beebe handled our side of the transaction, she is excellent as well.

Purchase Price: $885,000 Taxes: $23,000 per year (yeah I know, welcome to NJ)Rents: $2,925 (3 Bed 1 Bath) , $2,925 (3 Bed 1 Bath) and $1,450 (1 Bed 1 Bath)Legal two family with third floor "border" apartment.

These are businesses that are coming here from across state and international borders.

However, there are several endorsements to the policy that you might want to consider depending on the specifics of your transaction so I suggest you consult with a good real estate attorney who is familiar with title insurance coverage.  

Just be careful because getting a mortgage based on the idea this is a residence for you and then renting it out has legal implications that you don't really want to cross.

It would be a separate transaction, which means you are closing two loans and have two closing costs.

I think there is a good opportunity for value add to this property, so my question is  since most HOA's, for the most part also NPO's is it possible to "buy" a HOA, or would the transaction have to be a land purchase and would I have to create a new HOA? 

For regular transactions you can use any title company you like.

I ran into a situation where the seller was approved by Hoa to rent the unit but i was denied after closing the transaction.