![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1669508/small_1715981795-avatar-collinh21.jpg?twic=v1/output=image&v=2)
27 January 2024 | 8 replies
Hey @Collin H., a quick search came up with this - https://www.adirondackdailyenterprise.com/news/local-news/20...The law will prohibit the issuance of new unhosted STR permits in residential neighborhoods, among other new measures that elected officials say are intended to preserve the Lake Placid community while still inviting the economic benefits STRs bring to this village...So that probably means that commercial zoning and the like will be the only way to do it now.The article said there would be a 5% tax on STR as well, so that means it is still doable, just have to watch where it is located.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/603668/small_1621493595-avatar-douglass23.jpg?twic=v1/output=image&v=2)
16 October 2023 | 23 replies
I bring real estate up as much as I can without being 'that guy' ha!
3 November 2016 | 12 replies
You know of any investment company that does these for you..Of course only if they are credible. ha hathanks for the webinar info, I will be sure to check those out.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/667/small_1621345519-avatar-reodeals.jpg?twic=v1/output=image&v=2)
30 December 2007 | 10 replies
Hey Mike,Good to hear that you are from the tundra as well. ha ha.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/543324/small_1621492181-avatar-kathrynb6.jpg?twic=v1/output=image&v=2)
17 October 2017 | 12 replies
So even though the buyer agreed to the price, had a pre-approval letter from said bank, during final underwriting, bank said actually.. we aren’t going to finance this for you because it puts your monthly payment too high and with your past credit issue, we don’t have faith you’ll pay us back regularly (obviously in a much more professional manner, yes I’m still bitter ha) long story short, we allowed a couple extensions to see if the buyer could get another form of financing, they couldn’t, contract was terminated and they got their EM back because of the clause in the contract stating if they couldn’t get financing, they get it back.