All Forum Posts by: Bryce Cutler

@Marcus Mitchell try some of the local community banks for the residential mortgage in an LLC. If they portfolio the loans they may offer that option. I work for a bank upstate and I know of a few here that do it but it must be within our footprint to consider. The big national and regional banks do not offer this. Credit Unions May also be an option.

All that said, I completely agree with @Richard Sherman. You do not need the LLC. Good insurance will cover your interests.

Best of luck to you.

@Stuart Goodman, I would find another bank/banker. Not every bank underwrites it that way. Full disclosure, I’m a banker by day and real estate investor by night.

Kirk, it has been quiet for a while but there are tons of forums on short term rentals. Best of luck finding someone for your needs.

Bryce

We have just purchased a vacation rental and we are looking for suggestions for housekeepers and maintenance companies in lake Placid. @PineHillProperties

Ok, sounds like it’s time for another get together in Albany. My schedule is pretty crazy the next couple of weeks but maybe the week after Thanksgiving or first week in December?

I have been using Dwolla as my website to pay my private mortgage investors and they are changing their platform and I am no longer going to be able to use them. I am looking for suggestions to other options to automate without crazy high fees.

@David Bahr I do invest in the region. Good things going on here but as with most areas it’s good to know the “pockets” you want to be in and the ones you want to stay away from.

Stephen, There a several surrounding communities that would fit that mold. Cohoes, Watervliet, Menands, Rensselaer, Troy, Waterford and more. Send me a PM if you want to discuss further or more in depth.

@Stephen Burke never too late. Do you have specific areas you are looking at in the capital region?

I usually get there around 6 maybe a little before.