All Forum Posts by: Mike A.

We received a CTC on a property a couple of weeks ago and we're awaiting the seller to set a date. The lender, traditional bank, issued a cleared to close to our attorney at that time. Can the bank now cancel the mort. due to these coronavirus fears? We'd lose our deposit as we removed to mort. contingency since we were cleared to close by the bank.

Can anyone recommend a good handyman and electrician for the Albany and Troy cities in NY?  We had to let go of our PM team and we're managing from afar. They had not managed a couple properties right, so there are some items which need to be corrected and that is why we're looking for a good handyman and electrician to help fix said issues.

So, I guess you're not a fan of Morris Invest? 

 Click is better if you need to replace a plank.

 The bank gave me a current rent income and expense sheet and then after I take over. I was going to inform the underwriter is wanting to become a short term tenant and I have someone that will be taking over the vacant unit the following month with a signed agreement. I already asked a few friends and a family member; all who rent. They all jumped at the opportunity to move into the vacant unit.

I currently have 8 commerical morts, should have another two in the works shortly.

You miss understood, or prob. I didn't post correctly. Ask if I have a friend or family member who is looking to rent short term and present that to the lender.  

True. One of the reasons why I stay around major metro areas. 

Anyone?

Always best to come in when there's blood in the water. When everyone leaves, you'd be surprised how many deals that they are to be had.