1-4 units the floor rate I have recently is 6.5% for 30 year fixed residential. good credit, ratios, etc factor in but par is landing around 7.25%-7.5% without buying it down.

@Brent Warner I'm from Long Island myself and moved to Jax FL in 2020 and moved to Orlando about 9 months ago to be closer to my wife's family and some of my family thats also moved down.

That said, we’re still up around 5% year-to-date on the island.

Hi Everyone, looking to connect with folks who run STRs in the Hamptons (Long Island New York).I have a couple and would love to chat!

For the next 6-8 months, we will be meeting with the city to confirm the building plans and permitting.I assume the Single-Family new construction you are referring to is land that has already been subdivided and is already zoned to allow for SFH.

I have 2 rental properties on Long Island, NY and they're both located in the same town.Property #1-Legal 2-family duplex (2 units)-Does not need to be owner-occupied since it’s a legal 2-family-Has active rental permit with the townProperty #2-Single family house w/accessory apartment (2 units + illegal basement apartment)-I live in the upstairs unit-Needs to be owner-occupied in order to get rental permit for the 2nd unit since it’s not a legal 2-family-No scenario where the basement apartment will ever be legalMy family has been renting this house without a rental permit for several decades without any issue.

I have family in Westchester, northern NJ and Long Island.

Hello,I am looking at a mixed use property on Long Island (first floor retail plus 4 residential above) and would like to know when the most appropriate time is to ask for things like audited financial statements, tenant ledgers and/or anything I else I should be asking for? 

Or general thoughts on investing in similar islands in the Caribbean?

If you're keeping an eye on the U.S. housing market, you've probably noticed some pretty interesting shifts happening lately. The National Association of REALTORS® (NAR) just dropped some numbers, and guess what? The ...