Buffalo eviction & DSCR lender suggestion

[Anupam Banerjee]

Hi all,

I am new to bigger pockets. I am looking to buy my first investment duplex in Buffalo, NY. Each floor has is a 3bd/1ba unit (separate entrance). The house currently has 2 long-term tenants (one on each floor), but they pay way lower than market rate (750+700=1450 in total). The house is opposite a university, and some asking around suggests that the rooms go for ~400/month. Two questions for my brethren here:

1. Any watch-outs in buying a property with long-term tenants. How has the experience been with evictions in Buffalo, NY?

2. A good DSCR lender that you may suggest - I am assuming they don't have to be in-state?

Thank you, and looking forward to learning a lot here from all of you :)

Anu