It is the State of New York law that Seller and the Buyer have to be represented by an attorney each side.

From my understanding, the landlord is required to foot the bill for some accommodations and are allowed to require the tenant to pay for structural modifications as well as require the tenant pay to have the property restored to original condition at the tenants expense.How would the guarantor being a company affect this?

I rent out a unit or two as they are ready, still with plans to move into the final unit once completed.Step Four:  Once the property is restored, I take out a HELOC/equity loan to pay the seller the remaining due (likely ~$100,000).Step Five: Property is renting, seller is paid, and rental income pays back the HELOC/equity loan + cash flow.This seems to be a twist on BRRRR that includes seller-financing to get started and a HELOC/equity loan used to pay the seller (balloon payment) instead of a mortgage.Am I missing anything? 

Investment Info:Large multi-family (5+ units) buy & hold investment in New York.

Investment Info:Small multi-family (2-4 units) buy & hold investment in New York.

Investment Info:Small multi-family (2-4 units) buy & hold investment in New York.

Anyone can I'm looking for some advise for first home buyers, I'm potentially looking into house hacking but unsure with my partner living and working about an hour and a half away in New York

@Josh EdelmanStraight from the VA Guidelines: Any purchaser may qualify to assume a VA loan; [THIS LINE APPLIES TO YOU] however, for a Veteran’s entitlement to be restored, a Veteran purchaser with sufficient entitlement must complete a Substitution of Entitlement (SOE) when the ROL is closed.

Hi There,So I am recently starting out I purchased my first investment property through Tax sale and looking to remodel very soon, considering washout refi and rent it and continue to buy more property, in the meantime I was shopping around for a primary residence however the one deal that has caught my attention was a co-op purchase that sits on 13acres in upstate New York and serves as a  summer camp families rent out small cottages around the property and they are all fully rented each year, this home is the only year round home on this location 4bed 3bath which I happen to truly like.

Restore the main house, convert the garage to ADU and build one more house (you can have 2 ADUs in Covina) 800 sf.