All Forum Posts by: Account Closed

What type of property are you looking at? If you have solid financing and reserves I may be interested.. Give me a shout. 

Thank you all- it was great connecting and I look forward to the future meetups! 

I'll be that guy.. What are you living situations now? own a single family that you live in? What about meeting with your local portfolio lender and getting into a 3-4 unit with low money down and live there for a little? If you have a house now make that your "rental" move to the multi and get some experience that way?

Hi Tricia, 

I highly recommend Jen Ball with HUNT. I have worked with Jen quite a bit and have nothing but positive things to say. She is "in the game" as well- rentals, development, flips, ect. Jen and I have became great friends since I reached out to her for my first ever buy. Has been nothing but positive since. She has tons of off market leads as well. 

Shoot me a PM and I can give you her contact info.

 Yeah, I wasn’t a fan of their heloc terms. I ended up closing with PenFed. 

I’ve seen those, Lawrence street duplex is not really even offered at a discount for the work that is needed.. plus it’s on the iffy side of town. Montray is a decent building that needs quite a bit of work. It wasn’t offered about a year ago at a much higher price. I peeked in the windows about a year ago, the one apartment seems to be in decent condition. Not too sure what’s going on with that building but it has had a significant price drop and no one has bought it so I am curious as to what’s up with it, haha.  

I bank with HRCCU- personal products are great. Trustco will go 95% ltv on OO 2 units no pmi and 89.5% ltv on 3-4 OO units. I cash out refied with Trustco as well this past year. They're very investor friendly.

Currently on the hunt for a 3-4 unit if you know of anything for sale not on the market in Queensbury, GF or LG. 

 I’ve talked to HRCCU quite a few times. They don’t seem to be investor friendly at all. Not counting property income at 75% when property hasn’t been on sched E for 2 years, no income is counted on purchase property. I have used Trustco more times than not an they, by far, have some of the best products in the area imo. 

I closed on this heloc with PenFed. 

Dan, when is this taking place? I have been trying to get something in the works with regular meets at spot coffee. 

I look forward to hearing from you! 

Very cool. I know quite a few people. I graduated from GF in '11