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All Forum Posts by: Ashley S.

Ashley S. has started 2 posts and replied 3 times.

Post: creative financing on a fully gutted 6 unit

Ashley S.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 4
  • Votes 0

Hi! Please help! 

How do I draft a creative financing offer on a 6 unit multifamily in the upstate NY region, that needs a full renovation? This building would not qualify for a 203k loan as it is considered a commercial property. Any suggestions/(even if you are interested in learning more to invest yourself) is much appreciated. Thanks! :) 

Post: Female investors in Upstate NY?

Ashley S.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 4
  • Votes 0

@Jamie Brayton Looking to invest in the catskill NY area, currently in Brooklyn. I'd love to join. Thanks!

Post: Upstate NY motel deal

Ashley S.Posted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 4
  • Votes 0

I am asking for advice on how I can gain a buisness partner for a motel deal in Upstate NY. The motel (14 units) is on 14 acres of property.

Property is in a great location, close to all. Motel is currently abandoned and would need to be completely renovated. This is a start up buisness concept.

Current status of the deal: being reviewed by SBA/local bank for financing options. 

Has anyone done something similar? How did you obtain financing? How did you find people who were interested in investing in the deal?