Tax debt pay off prior to closing

Private Lending & Conventional Mortgage Advice

Tax debt pay off prior to closing

Member since 2022 · 26 posts · 6 votes

Hea BP Forums!

I have found myself in a bit of a pickle.

My wife and I have a property under contract for 345k with 20k in seller credits at closing, funded with a FHA loan. We passed inspection with only some minor painting touch ups to be addressed prior to closing. Appraisal came back at $410k (65k in instant equity BEFORE reno!).

We thought we were in the clear and ready to start our investing journey when our funding came back as “conditional”, we took care of all of the issues with the necessary paperwork BUT we do have a pending tax payment for 2021 that is scheduled to be paid in August of this year.

The lender wants us to pay the total in full at closing (its slightly over 20k which is money we don't currently have on hand) OR get placed on a payment plan. The payment plan WOULD work out great if we weren't at 48% on our DTI. The monthly payment would be doable but would place us above the max DTI for approval.

Im stumped as far as how to proceed as most bridge loans are at $100k + and most small lenders wont loan on rule properties that have more than 2 acres (this 6 bed, 3 bath sits on 29 acres with its own pond and creek).

Im not sure how else to proceed. Neither my wife and I have friends or family who we could borrow the funds for on a short period.

Any suggestion would be GREATLY appreciated!!!

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Caroline Gerardo

Lender · Washington DC · Member since 2015 · 2k+ posts · 2k+ votes

29 acres with FHA loan is a huge exception. You are certain you have FINAL Clear to Close?

USDA would bring the Back end ratio down with Mortgage Insurance difference IF the property address is in the USDA map

Your lender is no good.

Make deals with the payoffs on your credit. You do not have enough time for an offer and compromise with the IRS as it takes months.

Sell the motorcycle get bill of sale, cash the check, deposit clears where you may show it clearly by the hour.

Sell jewelry, ask boss for a $2000 advance, ask your agent for $1000 credit,

ADD in Mortgage Credit Certificate MCC credit on income, ask for any county $1000 assistance programs

Time to dig and work to find the money.

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Tom S.
Real Estate Investor · Burlington, VT · Member since 2010 · 2k+ posts · 1k+ votes
3y
@Mateo Way Yes, unfortunately all tax obligations have to be paid before they'll allow you to close. Can you sell any personal assets? Car, furniture, stocks? Margin account against your stock portfolio?
0 Reply
Kevin Sobilo
Realtor · Hanover Twp, PA · Member since 2018 · 3k+ posts · 3k+ votes
3y
@Mateo Way, ok what is causing your DTI to be 48%? Is there any way to refinance any of those obligations to stretch those out more lowering the payments and thereby lowering your DTI? Even selling a car to drop a car loan could help you get this closed and then figure out how to get another car after.
Another option to explore might be a USDA loan. They do loans in rural areas and offer 100% financing. So, that would lower your down payment and free up some money to go towards that tax debt.
1 Reply
Henry ClarkPro Member
Developer · Member since 2020 · 4k+ posts · 4k+ votes
3y
I’m probably MIS interpreting this. 2021 property tax is the sellers responsibility. Have the title company withhold the taxes at closing from the seller. The finance company should be okay with this.
0 Reply
Dave Skow
Lender · Seattle, WA · Member since 2014 · 2k+ posts · 899 votes
3y
@Mateo Way 1) what would tax repayment amt be ? and what would the DTI increse to with it ? Have you already asked your lender to run the numbers with the payment to see if it might work ? 2) can you take out a retirement account loan ? or even withdraw funds from a 401K or ret account ..3) can you use the seller credit to buy the rate down lower to make ratios better 4) can you use a cash advance on credit card to pay the tax ?
0 Reply
Mateo Way
OP
Member since 2022 · 26 posts · 6 votes
3y
Quote from @Tom S.:

@Mateo Way Yes, unfortunately all tax obligations have to be paid before they'll allow you to close. Can you sell any personal assets? Car, furniture, stocks? Margin account against your stock portfolio?

I’ve considered this. I do have 2 vehicles and a motorcycle that are paid off in full that could cover the cost of the taxes due. Thanks for the suggestion!
0 Reply
Mateo Way
OP
Member since 2022 · 26 posts · 6 votes
3y
Quote from @Henry Clark:

I’m probably MIS interpreting this. 2021 property tax is the sellers responsibility. Have the title company withhold the taxes at closing from the seller. The finance company should be okay with this.

Sorry, my post was confusing. The taxes are my personal taxes. Not those of the seller.
0 Reply
Mateo Way
OP
Member since 2022 · 26 posts · 6 votes
3y
Quote from @Kevin Sobilo:

@Mateo Way, ok what is causing your DTI to be 48%? Is there any way to refinance any of those obligations to stretch those out more lowering the payments and thereby lowering your DTI? Even selling a car to drop a car loan could help you get this closed and then figure out how to get another car after.
Another option to explore might be a USDA loan. They do loans in rural areas and offer 100% financing. So, that would lower your down payment and free up some money to go towards that tax debt.

Between my wife and I we do have a decent amount of “bad debt”. We’ve spent the last 3 years saving and paying it down but our younger selves really dug us a hole. So it’s taking some time. Im going to reach out to our debt consolidation loan and see if we can stretch that payment out further.
I do own 2 cars out right so the option of selling one may help.
Im worried about trying to change the loan product this far into the process as we don’t want the sellers to back out of the deal. I guess it wouldnt hurt asking at this point. Thank you for the insights and suggestions.
1 Reply
Mateo Way
OP
Member since 2022 · 26 posts · 6 votes
3y
Quote from @Dave Skow:

@Mateo Way 1) what would tax repayment amt be ? and what would the DTI increse to with it ? Have you already asked your lender to run the numbers with the payment to see if it might work ? 2) can you take out a retirement account loan ? or even withdraw funds from a 401K or ret account ..3) can you use the seller credit to buy the rate down lower to make ratios better 4) can you use a cash advance on credit card to pay the tax ?

Tax repayment is roughly 20k, a 72 month repayment structure would be roughly $278 per month. Based on our DTI we couldn't take on another payment over roughly $79 a month. I only know those numbers because I asked the lender to run them. Haha…
I’ve gone down the other avenues you’ve mentioned and only hit road blocks there. I am going to look into option 3 and see if that may be a possibility.
Thank you again for all of the suggestions! Greatly appreciated!
1 Reply
Dave Skow
Lender · Seattle, WA · Member since 2014 · 2k+ posts · 899 votes
3y
Quote from @Mateo Way:

Quote from @Dave Skow:

@Mateo Way 1) what would tax repayment amt be ? and what would the DTI increse to with it ? Have you already asked your lender to run the numbers with the payment to see if it might work ? 2) can you take out a retirement account loan ? or even withdraw funds from a 401K or ret account ..3) can you use the seller credit to buy the rate down lower to make ratios better 4) can you use a cash advance on credit card to pay the tax ?

Tax repayment is roughly 20k, a 72 month repayment structure would be roughly $278 per month. Based on our DTI we couldn't take on another payment over roughly $79 a month. I only know those numbers because I asked the lender to run them. Haha…
I’ve gone down the other avenues you’ve mentioned and only hit road blocks there. I am going to look into option 3 and see if that may be a possibility.
Thank you again for all of the suggestions! Greatly appreciated!

Good luck - one additional idea - ask lender if they can do a conventional loan instead of a fha loan - the loan amt can be as low as 3% - loan amt should also be much lower as the fha ufmip doesn’t need to be added in - payment should be lower as mtg ins is likely lower- dti can sometimes be higher -

0 Reply
Tyler Warrick
Lender · Chandler, AZ · Member since 2023 · 88 posts · 48 votes
3y
FHA loans can get AUS approval up to 57% DTI. There's always a way to make the loan work -- you just have to get creative.
Did the home appraise for 345k or more? If more, increase the purchase price, increase the concessions to a full 6% and that will reduce your Funds To Close (slightly, but it seems like every little bit will help).
If you have any installment loans, you can explore paying the balance of those down so that you have 10 payments or less remaining (this will allow you to exclude them from your DTI calculation without having to pay off the entire loan balance).
Not sure what rate you have, but you could also explore DPA (Down Payment Assistance) FHA loans. That would save you an additional 3.5% of the purchase price to put towards the Tax Burden.
In my opinion, it sounds like you just need a creative way to get into the home. This loan will not be your forever loan, and a refinance is inevitable. Let me know if you have any other questions. BTW -- what state are you in?
0 Reply
Caroline Gerardo
Lender · Washington DC · Member since 2015 · 2k+ posts · 2k+ votes
3y
29 acres with FHA loan is a huge exception. You are certain you have FINAL Clear to Close?
USDA would bring the Back end ratio down with Mortgage Insurance difference IF the property address is in the USDA map
Your lender is no good.
Make deals with the payoffs on your credit. You do not have enough time for an offer and compromise with the IRS as it takes months.
Sell the motorcycle get bill of sale, cash the check, deposit clears where you may show it clearly by the hour.
Sell jewelry, ask boss for a $2000 advance, ask your agent for $1000 credit,
ADD in Mortgage Credit Certificate MCC credit on income, ask for any county $1000 assistance programs
Time to dig and work to find the money.
1 Reply
Tyler Warrick
Lender · Chandler, AZ · Member since 2023 · 88 posts · 48 votes
3y
Quote from @Caroline Gerardo:

29 acres with FHA loan is a huge exception. You are certain you have FINAL Clear to Close?
USDA would bring the Back end ratio down with Mortgage Insurance difference IF the property address is in the USDA map
Your lender is no good.
Make deals with the payoffs on your credit. You do not have enough time for an offer and compromise with the IRS as it takes months.
Sell the motorcycle get bill of sale, cash the check, deposit clears where you may show it clearly by the hour.
Sell jewelry, ask boss for a $2000 advance, ask your agent for $1000 credit,
ADD in Mortgage Credit Certificate MCC credit on income, ask for any county $1000 assistance programs
Time to dig and work to find the money.

@Caroline Gerardo knows her stuff. MCC is huge if your state allows for it. Could easily be the answer to your DTI issue.
0 Reply
Sasha MohammedPro Member
Lender · Costa Mesa, CA · Member since 2018 · 337 posts · 245 votes
3y
if paying off the tax liability in-full is not an option, i would look at setting up a payment plan, and then seeing what other items can be adjusted to make room in your DTI for the monthly tax liability.
If your tax liability adds $278/mo and you only have room for +$79/mo, then we need to shave off $200/mo in other items.
Since this is FHA, ask about single-premium Mortgage insurance.
maybe look for a cheaper homeowners insurance premium (increase the deductable for now, or reduce coverages in allowance with lender guidelines).
also take a look - you might have a debt that is half the balance of the tax liability, but paying that off would free up a TON of wiggle room on DTI.
lastly, ask about buying down the rate. dollar-for-dollar, typically a rate buydown will do more to improve your DTI than putting those same dollars into your down payment.
GL!
[email protected]949-351-1338
1 Reply
Mateo Way
OP
Member since 2022 · 26 posts · 6 votes
3y
Quote from @Tyler Warrick:

FHA loans can get AUS approval up to 57% DTI. There's always a way to make the loan work -- you just have to get creative.
Did the home appraise for 345k or more? If more, increase the purchase price, increase the concessions to a full 6% and that will reduce your Funds To Close (slightly, but it seems like every little bit will help).
If you have any installment loans, you can explore paying the balance of those down so that you have 10 payments or less remaining (this will allow you to exclude them from your DTI calculation without having to pay off the entire loan balance).
Not sure what rate you have, but you could also explore DPA (Down Payment Assistance) FHA loans. That would save you an additional 3.5% of the purchase price to put towards the Tax Burden.
In my opinion, it sounds like you just need a creative way to get into the home. This loan will not be your forever loan, and a refinance is inevitable. Let me know if you have any other questions. BTW -- what state are you in?

Hea Tyler!
Im not sure what AUS approval entails? Im going to talk to my lender about increasing the purchase price to cover the taxes and put down an extra 3k from my savings to help as well.
We are already very close to the 6% limit (20k) so im not sure if the sellers will guarantee another 1,900 or so that is left, but it doesn’t hurt to ask.
I love the idea of paying down the current loans to the point of them being fewer than 10 payments. This may be a better use of the $3000 we have in reserves.
We are staying positive and KNOW we can make the deal work. Just need to get more creative!
0 Reply
Mateo Way
OP
Member since 2022 · 26 posts · 6 votes
3y
Quote from @Caroline Gerardo:

29 acres with FHA loan is a huge exception. You are certain you have FINAL Clear to Close?
USDA would bring the Back end ratio down with Mortgage Insurance difference IF the property address is in the USDA map
Your lender is no good.
Make deals with the payoffs on your credit. You do not have enough time for an offer and compromise with the IRS as it takes months.
Sell the motorcycle get bill of sale, cash the check, deposit clears where you may show it clearly by the hour.
Sell jewelry, ask boss for a $2000 advance, ask your agent for $1000 credit,
ADD in Mortgage Credit Certificate MCC credit on income, ask for any county $1000 assistance programs
Time to dig and work to find the money.

I love these ideas!
We tried to pivot to the USDA route but either we make too much money to qualify jointly and our DTI is too high, OR if we tried to purchase individually we dont have the right DTI to cover the mortgage payment at the current rate.
Im going to speak with my lender in the AM and make sure we have the final clear to close. We received a conditional clear to close approval prior to these tax issues arising so Im assuming we are in the clear but better to be certain than sorry.
Selling the motorcycle would cancel out about 80percent of the debt but they dont sell quickly during the winter months so I fear it may sit on the market for FAR too long or get let go at a price significantly below its value. (Maybe a necessary sacrifice though).
Im unfamiliar was the MCC or assistance programs so I’ll dig into those tonight.
Thank you for the help and insight. This has been a huge learning experience.

0 Reply
Mateo Way
OP
Member since 2022 · 26 posts · 6 votes
3y
Quote from @Tyler Warrick:

Quote from @Caroline Gerardo:

29 acres with FHA loan is a huge exception. You are certain you have FINAL Clear to Close?
USDA would bring the Back end ratio down with Mortgage Insurance difference IF the property address is in the USDA map
Your lender is no good.
Make deals with the payoffs on your credit. You do not have enough time for an offer and compromise with the IRS as it takes months.
Sell the motorcycle get bill of sale, cash the check, deposit clears where you may show it clearly by the hour.
Sell jewelry, ask boss for a $2000 advance, ask your agent for $1000 credit,
ADD in Mortgage Credit Certificate MCC credit on income, ask for any county $1000 assistance programs
Time to dig and work to find the money.

@Caroline Gerardo knows her stuff. MCC is huge if your state allows for it. Could easily be the answer to your DTI issue.

Definitely digging into this right now and seeing if we qualify with our lender!
Thanks again Tyler and Caroline!
0 Reply
Caroline Gerardo
Lender · Washington DC · Member since 2015 · 2k+ posts · 2k+ votes
3y
Your lender is a nuckle head my bet is information they passed on is incorrect. Feel free to call for free advise on getting the lender to work, get their manager involved.
0 Reply
Mateo Way
OP
Member since 2022 · 26 posts · 6 votes
3y
Quote from @Sasha Mohammed:

if paying off the tax liability in-full is not an option, i would look at setting up a payment plan, and then seeing what other items can be adjusted to make room in your DTI for the monthly tax liability.
If your tax liability adds $278/mo and you only have room for +$79/mo, then we need to shave off $200/mo in other items.
Since this is FHA, ask about single-premium Mortgage insurance.
maybe look for a cheaper homeowners insurance premium (increase the deductable for now, or reduce coverages in allowance with lender guidelines).
also take a look - you might have a debt that is half the balance of the tax liability, but paying that off would free up a TON of wiggle room on DTI.
lastly, ask about buying down the rate. dollar-for-dollar, typically a rate buydown will do more to improve your DTI than putting those same dollars into your down payment.
GL!

Sasha! These are some great ideas.
Ive gone down a few avenues without luck but im going to look into the cheaper mortgage premium,, the SPMI as well as the rate buy down. We have a bit left in reserves that we could apply to the rate buy down.
Thanks for the help! I’ll throw an update on this thread once we get the problem solved and close!
0 Reply
Doug SmithPro Member
Lender · Tampa, FL · Member since 2013 · 2k+ posts · 2k+ votes
3y
Quote from @Sasha Mohammed:

if paying off the tax liability in-full is not an option, i would look at setting up a payment plan, and then seeing what other items can be adjusted to make room in your DTI for the monthly tax liability.
If your tax liability adds $278/mo and you only have room for +$79/mo, then we need to shave off $200/mo in other items.
Since this is FHA, ask about single-premium Mortgage insurance.
maybe look for a cheaper homeowners insurance premium (increase the deductable for now, or reduce coverages in allowance with lender guidelines).
also take a look - you might have a debt that is half the balance of the tax liability, but paying that off would free up a TON of wiggle room on DTI.
lastly, ask about buying down the rate. dollar-for-dollar, typically a rate buydown will do more to improve your DTI than putting those same dollars into your down payment.
GL!

Sasha deserves a vote. I went to answer this question, but then read Sasha's answer and I have nothing to add. This is what a lender should be doing for a customer. Well done Sasha!
0 Reply
Jeffrey K.Pro Member
Lender · Boulder, CO · Member since 2016 · 53 posts · 21 votes
3y
Alright! I think I have just the move for you, but it is predicated on you having some retirement savings or life insurance policy.
There is a very cool carve out in the conventional guidelines. Any loan backed by a financial asset does not count toward your DTI. So, if possible, you can take out a loan against your 401k/IRA or life policy to pay the tax bill. Additionally, the loan from your 401k will be less than the rate on your credit card. If there is any additional room to borrow from your 401k beyond the 20k tax payment, you might also consider consolidating some credit card debt. This would have the added benefit of reducing your monthly liabilities so you are not over extended on your finances.
0 Reply
Mateo Way
OP
Member since 2022 · 26 posts · 6 votes
3y
Just wanted to thank everyone for the suggestions on this deal!
We closed on the 10th of the month and are officially moved into our first home.
I was able to pay off 10k in credit card debt to lower our DTI enough that we could set up a monthly payment agreement for the back taxes with the IRS. This monthly payment came in slightly lower than the CC‘s monthly payment and was okayed by the lender.
Final numbers on the deal:
Asking price: $350K
Purchase price: $345K w/ $20K in seller concessions.
Appraised at $410K
3.5% down - closing costs put us in just under $19K total including the home inspection and appraisal fees.
Based on the current market the ARV on this property is in the ball park of $700-$800k.
We are looking to reach out to local banks in order to tap in to the 65k of equity to fund part of the the renovations but I think to really bring up the value of the home we may need to borrow more to make this place a real show stopper as a short/mid term rental. Ive got 2 contractors coming to do estimates before the end of the month to get a better idea as to the project costs.
Between AirDNA and Rabbu we are looking at a potential average monthly income of $8-10k.
Does anyone have suggestions as to the best route to take? Private money with an equity stake perhaps?
We would like to keep this property long term as a premium short term rental based on its location and gorgeous surroundings, flipping it seems possible but we would definitely wait until the market takes a turn and will definitely hold it as our primary for at least 2 years to avoid the capital gains costs.
Any insights would be helpful!
Also, if youre in the Capital Region of Albany, NY let me know!
0 Reply
Tyler Warrick
Lender · Chandler, AZ · Member since 2023 · 88 posts · 48 votes
3y
Quote from @Mateo Way:

Just wanted to thank everyone for the suggestions on this deal!
We closed on the 10th of the month and are officially moved into our first home.
I was able to pay off 10k in credit card debt to lower our DTI enough that we could set up a monthly payment agreement for the back taxes with the IRS. This monthly payment came in slightly lower than the CC‘s monthly payment and was okayed by the lender.
Final numbers on the deal:
Asking price: $350K
Purchase price: $345K w/ $20K in seller concessions.
Appraised at $410K
3.5% down - closing costs put us in just under $19K total including the home inspection and appraisal fees.
Based on the current market the ARV on this property is in the ball park of $700-$800k.
We are looking to reach out to local banks in order to tap in to the 65k of equity to fund part of the the renovations but I think to really bring up the value of the home we may need to borrow more to make this place a real show stopper as a short/mid term rental. Ive got 2 contractors coming to do estimates before the end of the month to get a better idea as to the project costs.
Between AirDNA and Rabbu we are looking at a potential average monthly income of $8-10k.
Does anyone have suggestions as to the best route to take? Private money with an equity stake perhaps?
We would like to keep this property long term as a premium short term rental based on its location and gorgeous surroundings, flipping it seems possible but we would definitely wait until the market takes a turn and will definitely hold it as our primary for at least 2 years to avoid the capital gains costs.
Any insights would be helpful!
Also, if youre in the Capital Region of Albany, NY let me know!

Congrats on getting this closed! There are quite a few creative ways to accomplish what you're looking for. Private money is always a good option, but it seems like you'll be fighting for second position (FHA will remain in first position) on whatever option you take. My concern is that if your DTI was an issue before, it might come back into play with other options you're exploring. Feel free to PM me to go over more specifics.
0 Reply
David Kelly
Lender · Nationwide Lender · Member since 2019 · 391 posts · 140 votes
3y
@Mateo Way
Make sure your lender is excluding installment debts with 10 or less payments. Is there any other debt that is paid by someone else not on the loan over the last 12 months? If so you can remove that as well. Any debts that your business pays for? 12 months of proof will remove that.
Can you lower your homeowners insurance? Higher deductible?
How about paying off a smaller debt that has a big payment? All of these are options.
0 Reply
Stephen E Drew
Member since 2019 · 41 posts · 16 votes
3y
Quote from @Mateo Way:

Just wanted to thank everyone for the suggestions on this deal!
We closed on the 10th of the month and are officially moved into our first home.
I was able to pay off 10k in credit card debt to lower our DTI enough that we could set up a monthly payment agreement for the back taxes with the IRS. This monthly payment came in slightly lower than the CC‘s monthly payment and was okayed by the lender.
Final numbers on the deal:
Asking price: $350K
Purchase price: $345K w/ $20K in seller concessions.
Appraised at $410K
3.5% down - closing costs put us in just under $19K total including the home inspection and appraisal fees.
Based on the current market the ARV on this property is in the ball park of $700-$800k.
We are looking to reach out to local banks in order to tap in to the 65k of equity to fund part of the the renovations but I think to really bring up the value of the home we may need to borrow more to make this place a real show stopper as a short/mid term rental. Ive got 2 contractors coming to do estimates before the end of the month to get a better idea as to the project costs.
Between AirDNA and Rabbu we are looking at a potential average monthly income of $8-10k.
Does anyone have suggestions as to the best route to take? Private money with an equity stake perhaps?
We would like to keep this property long term as a premium short term rental based on its location and gorgeous surroundings, flipping it seems possible but we would definitely wait until the market takes a turn and will definitely hold it as our primary for at least 2 years to avoid the capital gains costs.
Any insights would be helpful!
Also, if youre in the Capital Region of Albany, NY let me know!

Mateo, I read through your whole thread just now and there was so much to learn here! I'm glad you made it happen and closed on your deal.
I am from the Capital District. I currently live in Schenectady and my partner and I are investing in Ballston Spa, Colonie, and Albany. I primarily work on the acquisitions and dispositions and my partner has a great STR/Airbnb business already built. Were hoping to grow the portfolio this year.. have 2 properties under contract right now.
If I could ever help, please reach out!
Best of luck to you and yours
0 Reply
Mateo Way
OP
Member since 2022 · 26 posts · 6 votes
3y
Quote from @Stephen E Drew:

Quote from @Mateo Way:

Just wanted to thank everyone for the suggestions on this deal!
We closed on the 10th of the month and are officially moved into our first home.
I was able to pay off 10k in credit card debt to lower our DTI enough that we could set up a monthly payment agreement for the back taxes with the IRS. This monthly payment came in slightly lower than the CC‘s monthly payment and was okayed by the lender.
Final numbers on the deal:
Asking price: $350K
Purchase price: $345K w/ $20K in seller concessions.
Appraised at $410K
3.5% down - closing costs put us in just under $19K total including the home inspection and appraisal fees.
Based on the current market the ARV on this property is in the ball park of $700-$800k.
We are looking to reach out to local banks in order to tap in to the 65k of equity to fund part of the the renovations but I think to really bring up the value of the home we may need to borrow more to make this place a real show stopper as a short/mid term rental. Ive got 2 contractors coming to do estimates before the end of the month to get a better idea as to the project costs.
Between AirDNA and Rabbu we are looking at a potential average monthly income of $8-10k.
Does anyone have suggestions as to the best route to take? Private money with an equity stake perhaps?
We would like to keep this property long term as a premium short term rental based on its location and gorgeous surroundings, flipping it seems possible but we would definitely wait until the market takes a turn and will definitely hold it as our primary for at least 2 years to avoid the capital gains costs.
Any insights would be helpful!
Also, if youre in the Capital Region of Albany, NY let me know!

Mateo, I read through your whole thread just now and there was so much to learn here! I'm glad you made it happen and closed on your deal.
I am from the Capital District. I currently live in Schenectady and my partner and I are investing in Ballston Spa, Colonie, and Albany. I primarily work on the acquisitions and dispositions and my partner has a great STR/Airbnb business already built. Were hoping to grow the portfolio this year.. have 2 properties under contract right now.
If I could ever help, please reach out!
Best of luck to you and yours

Hea Stephen!
Thanks a ton for the kind words! Nice to meet other investors in the area.
Do you happen to attend any meet ups in the Capital Region? If so, I’d love to jump on an email list or join a FB group where I can meet other investors in the area.
Thanks again and I hope our paths cross in the near future!
Be well!

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