All Forum Posts by: Ali L.

I had a strange experience with this company and wondering if it is isolated. I submitted all documentation for the acquisition line of credit and was told I would have a POF letter next day. Then complete radio silence. Has anyone worked with them and had a better experience? I'm wondering if it's worth the time following up.

Thanks everyone!

Hi y'all. Can anyone share contact of a local attorney familiar with portfolio SFH closings and title transfers and a good title company? Detroit based/knowledgeable preferred.

I strongly recommend using a broker. Happy to provide a referral to a stellar agent that knows the BX market. Since you will be owner occupied, you want to start training tenants from the beginning. I also recommend using Cozy for management & rent collection. No "Come get the rent check" texts! 

You must likely need to serve forms - available on NYC Housing Rent Board's website - detailing term of lease , percent increase, reason for increase etc. 

Do you anticipate a prompt start and wrap in 1 hour?

Try Chemical Bank. Have you considered an acquisition LOC? Many finance 90% of purchase price

Wyoming!

Note they don't cover duplexes and up in NYC. I believe they have partnered with Cozy so good option to push to tenants as they offer competitive renter's insurance.