Not only are Queens and Brooklyn the busiest Counties in terms of activity (new listings), but they also have some of the most competitive investors in our market.Properties are selling for 8.5% more than they were in 2023, showing us just how desirable the borough is.

yes, i knew the work part. just wanted to understand the staying in it even if paying full price. not a deal breaker for me, just need to figure out where to roll my money into to use it The IRS says you cannot get personal benefit from the investments.

Hey @Michael Lee, we just completed another six-plex loan in NY last month with similar terms for our client.

Do any of you have short term rentals available?

Get familiar with FHA and Conventional loan terms. 

With the season in Sarasota County considered November - April, what is the best way to market the property as a Medium Term Rental (at least 30 days)? 

Haven't heard that term used for data collection/skip trace.

Keep in mind, there are still bad boy carve outs, meaning, if you violate the terms of your note, they can immediately switch back to recourse on you.  

It sounds like a long time, but RE is a long term game.

People will always have issue with shared amenities in a short term rental house.