I’m an OOS investor and I’m sending my realtor over to inspect these properties to see if either one would be a solid addition to my portfolio.

Additionally, negotiating with hard money lenders for better terms or seeking out smaller, local lenders could also help.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

Additionally, they may have good cause eviction protection depending on where in upstate NY. 

But some advice already said.1) Learn how to reduce your expenses2) Pay every month like you would be a tenant 3) Find other ways to make additional money - does it have a guarge, maybe rent that out for extra cash flow? 

Additionally, I have an LLC established and currently hold a business credit card with a limit of $15,000, as well as two personal cards for $4,000 and 3500.I have before and after pictures of my fix and flip, if needed.Any advice or insights on potential funding sources or strategies would be greatly appreciated!

Additionally, I disagree.

We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!

Additionally, there are several DSCR lenders who have various products for this, but most have something similar to Delayed Financing as well as cashout refi's with seasoning typically around 6 months. 

If you don't need the additional cash, then I suggest just getting a bridge loan where the lender gives you funds against the As Is Value.