I wanted to take a moment and introduce myself as well as get more involved in the local RE community.I'm 25, moved to New York City (Astoria) about 3.5 years ago, and have a full time corporate job in Financial Services Consulting.

I'd look into some 0% APR for the first 18 months Credit Cards but it sounds like the amount of money you're looking for is too small for most hard money lenders to want to get involved with.  

Looks good, how long have you been involved in real estate?

They will get copies of all the appraisal reports, and poof now Amazon.com will be suggesting couches and furniture and appliances, etc, that matches your home's layout and color scheme.

I would get the co-star report from your local brokers/Property managers.

A successful short-sale typically benefits the borrower (homeowner) in the following ways: it can give them more time in the house (and payment-free); it is better than a foreclosure from a credit report perspective and wold allow him to obtain a new purchase loan for a new home in the future more quickly as compared to having it go through foreclosure.I would encourage you both to reach out to a local realtor with short-sale experience and have them facilitate the transaction, it would not cost you or the owner the commission as it would be paid out of the bank's proceeds.No, in a short-sale I would definitely not offer any payments to him directly that are not known and approved by the bank, you can get yourself in hot water and probably legal trouble by doing that on a short sale.

View report*This link comes directly from our calculators, based on information input by the member who posted.This is a highly sought after neighborhood in our city.

Can you recommend a builder or give some idea of the costs involved?

I've set time in my schedule each week for REI research and professional development that PB will definitely be part of.I also would really like to get involved in a local REI community, So thanks, @Alexander Wardell for the suggestion, I will look into the upcoming events for the Boston Real Estate Guild!

View report*This link comes directly from our calculators, based on information input by the member who posted.