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All Forum Posts by: Auria Moore

Auria Moore has started 1 posts and replied 2 times.

Upstate New York Real Estate Forum

Post: Investing in Upstate NY...Yay or Nay??

Auria MoorePosted
  • Brooklyn, NY
  • Posts 2
  • Votes 2

Hi Guys!  How do you feel about investing in multi-family units in Upstate NY (specifically Schenectady) today?  I know GE was a big draw back in the day in regards to employment, but I'm not sure about the current market.  Gentrification has taken over pretty much all of New York City (the 5 boroughs), so I'm trying to think outside of the box.  Any thoughts?

2 Votes
Upstate New York, New York
Private Lending & Conventional Mortgage Advice

Post: Getting an FHA Loan for a Multifamily Property

Auria MoorePosted
  • Brooklyn, NY
  • Posts 2
  • Votes 2

I know one of the stipulations is that the owner live on the premises for a required period of time. Is it not enough that the building is in the owner's name? Is the bank actually sending someone out to confirm it is your prime residence? What if you travel for work 80% of the time & are rarely home & have a house sitter? 

0 Votes