All Forum Posts by: Ali L.

Also note new tax law requires that HELOC be used for improvements on primary residence for interest to be deductible so possibly a good opportunity for capital improvements also for forced appreciation on House #1.

Aspire Credit Union does not charge appraisal or application fee and lends up to 90%. Also check Alliant CU. 

Won't you pay buyers agent commission on a commercial property? I say get a good specialized buyers attorney that's familiar with asset type and area. They can help with drafting offer and negotiations.

How to cash flow in markets with high holding costs like NJ? 

How to fast track basement and attic legalization in NYC?

Do what John Underwood said. Solid advise.  Next, move away from personal checks. Cozy.co for auto ACH or Zelle for person to person. Or at the least money orders or bank checks only. 

When you do a prior landlord reference check, ask who lived in the unit. It's highly likely they will move over to your new unit. When you interview the potential tenant, ask who they plan to move in. Approach friendly not combative to increase likelihood of honesty.

South Bronx still has good deals. It's possible to get multifamily in need of renovations. Having sufficient cash will set your offer apart.

Looking forward to rescheduled meetup!

You don't need an attorney. Get the holdover sample notice from your Housing Court clerk and have a process server delivery/post. Go to your local court with Affadvit from server and tell them you need assistance starting holdover proceedings. They should have a landlord help section. Strongly suggest you handle yourself to understand the process. Once you do, use an attorney on future issues. Hopefully there are none.