Multiple sub contractors with multiple separate contracts are not allowed..Repairs/Improvements must be completed by licensed contractor(s) as required by local/state municipalitiesRepairs cannot be completed by a related or interested party (i.e. relative, real estate agent, seller, broker, etc.)Borrower selects contractorContingency ReservesMinimum 10% is required.

Most of the times, who pays the broker fee in Brooklyn, NY (specifically for this market...not rest of NYC) for rentals -- the tenant or the landlord?   

Thank you so much for your insights ❤️ I would recommend you speak to a mortgage broker or your bank.

Most recently I am using Fidelity's full view product as they are the broker I primarily deal with.I have some historical spreadsheets on Google drive but they mostly just show monthly pay/bills rather than providing any comprehensive statement of our finances.

Most mortgage brokers offer NonQM you can't go direct.

If you don't already know him, connect with Michael Cuevas with Acquire Palm Beach - he's a broker in LW/WPB that does a lot with STRs.

Also, keep in mind once the rates start falling this fall, in my opinion there is going to be a short lived surge in purchases from pent up demand that people were waiting for.Hope this helps.Also, if you are looking to keep more of your RE Commission DM me, I'm a Licensed Broker in Texas as well.

I'm a broker & investor based in NYC and am happy to give you my $0.02 based on what your goals are. 

I am interested in speaking with anyone from agents and contractors to mortgage brokers and anyone who may require assistance or have business opportunities available.Please feel free to reach out to me if you are interested in connecting or would like to discuss how we can help each other in the real estate industry.

I literally get a Christmas card from my Plumber - which tells me we are one of their bigger customers.