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All Forum Posts by: Sarah Callahan

Sarah Callahan has started 3 posts and replied 4 times.

Post: Looking for a mentor in the Glens Falls area

Sarah CallahanPosted
  • Glens Falls, NY
  • Posts 4
  • Votes 2

Hey BP! Looking to connect with other people in Glens Falls who have been successful in real estate investing in this area! My husband & I are just starting out (focusing primarily on multi unit, long-term rentals) and would love to hear from people who have actually done it around here! Thanks so much! Hope to hear from you! 

Sarah 

Post: How does refinancing work?

Sarah CallahanPosted
  • Glens Falls, NY
  • Posts 4
  • Votes 2

Hey guys! So my husband and I are looking at a property pretty seriously (this would be our first rental if we end up buying). Hoping to get it Owner Financed for a least a year with plans of refinancing with a bank. We've never been through the process of getting a loan, let alone refinancing so just looking for some general guidance on what to expect/what are the steps we need to take? Thanks so much! 


Sarah 

Post: Alternative Financing Options

Sarah CallahanPosted
  • Glens Falls, NY
  • Posts 4
  • Votes 2

Thanks for the input so far guys! @Dana Walker, yes, our credit scores are both very good and we do have income from the business. 

Post: Alternative Financing Options

Sarah CallahanPosted
  • Glens Falls, NY
  • Posts 4
  • Votes 2

Hey guys!

My name is Sarah and my husband and I own a small business in Upstate NY. This past year our interest was piqued about real estate and have been trying to learn as much as possible before our first buy. At the moment we have some money set aside for a down payment but are having trouble finding financing options. We have only owned this business for 1.5 years, and though successful, you can imagine that the banks are not exactly eager to finance our real estate ventures quite yet. :P We've been searching for owner financing and haven't given up on that possibility but also realize that they are few and far between. Does anyone have any similar experience/ideas on other ways we could get financing? Thanks so much! 

-Sarah