Then examine your screening process so that you try to avoid the same issue in the future. 

But these leases will be carefully examined to make sure you are complying with the rules of qualifying for the FHA loan.

This is the deal on the table: ______Current loan balance: $120kCurrent loan rate: 6%Current loan amortization: 15 years leftRefinanced balance: $170kCash Out: $40,772 up to $50k depending on appraisalRate 4.75%Term: 30 yearsMonthly payment savings: $1501) Loan points: $3,1792) Underwriting fees: $1,3953) Title - Closing Protection Letter Lender $254) Title - Lender's Title Insurance $865) Title - Notary Fees $1506) Title - Settlement Fee $4007) Title - Title Examination $2008) Appraisal Fee $6809) Credit Report $9310) Flood Certification $1011) Tax Service $84Let me know if this loan seems worth the effort. 

Eminent Domain was first examined (challenged) in 1875!

At which point they will "re-evaluate", which they have been doing since the original moratorium expired on July 22, 2020.https://www.news10.com/news/go...I know landlords in my local market, like the OP, that have not been paid for over a year right now.Early on, these unilateral stabs at the private housing industry could be chalked up to ignorance of the business, but at this point it can't be any plainer: this is a plan by the socialists in government to take over all private housing in NY by driving the landlords out of business and then seizing their properties via tax foreclosure.If you are investing in C-class properties in NY right now, you need to have your head examined.

A charitable contribution isn't a business deduction but rather will be separately stated on your K-1 and flow through to Schedule A on your 1040.You should examine whether or not you'll receive a tax benefit for the charitable contribution. 

Hi, I just passed my RE exam in NY.

I learned this when I had my first in office review by the state examiner.

When safe, I would love to go along with someone into a rehab to learn the ropes, or ride along with an investor examining, placing offer, and closing on a deal.

I would examine a particular neighborhood thoroughly, in research and on BP with other investors before you enter either of these markets.