All Forum Posts by: Chris Snyder

I'm closing on a quad plex this wk I'm researching the best practice for collecting rents. I see there some app's out there that charge a small fee for collecting anyone have success with those? Anyone have auto pay ie: auto wire transfer from check/savings acct to pay rents? 

Any know a good website to see what the going cap rate is in a certain area for multi family? 

Im under contract now for a 4 family in NY Upstate NY. Is all banks at 25% down on non-occ investment property's?  Was only looking to put down only 20%. 

I'm under contract for a 4 family does every bank go off of Fannie mae rules and guidelines? I'm only looking to put down 20% but everyone is hitting me at 25%. Anyone know of any banks that will do 20% on 4 family in NY? 

Whats everyone's thoughts on the best state or area to buy investment properties in today's market? 

Any banks out there that do 95-100% LTV HLOC for investment property's ie: Multi family home non occupied . All I've be seeing is 80% to max of 85% none out there that do 100% for non primary property.

Thanks for the help Dan. 

Whats the best app or website to use to find going apartment rents in your area? Whats everyone using to gauge what rents should be listed at? 

In the Upstate NY region