All Forum Posts by: Brian Buxton

@Greg Irwin - the next meet up is 8/24 at 6:30 at Seven Story Brewing.  Requirements are simple - just show up and start introducing yourself to folks.  Hope to see you there!

Check with Upstate Bank - Frank Cipriano.  They probably won't give you 30 yrs...but they'll do 25.

@David - it is my understanding based on explanations I've received. I'm part of a NYS landlord group called Under One Roof which is headed by a local attorney that is very active in this space. She does an amazing job keeping us current on the ever changing situations around evictions and rental assistance.  https://www.facebook.com/UNDER...

It's true that you have to commit to keeping the tenant for one year after accepting payment - however, you can evict if they fail to keep up on their rent going forward.  Once courts open back up, that is.

I use Brian Sauers at Davie Kaplan and have been very pleased.

Hi Chris,  I'm an active buy and hold investor in the Rochester, NY.  Like any market, there's good and bad.  Too much to list in this thread but I'd be happy to converse via DM or hop on a call.  Feel free to reach out.  

Hi Kristin, in person meet ups have been difficult due to COVID restrictions.  In the meantime, check out the following Facebook groups - RE Investors Coffee Club, Upstate NY Real Estate Investors, Under One Roof - Rochester Chapter of Housing Providers.

Hi Gloria. I also invest in Rochester and am familiar with local investor friendly banks. Look into CNB, Lyons, Upstate Bank, and Family First Credit Union. Portfolio loans (I believe this is what you meant by "umbrella") are common for these banks and they are definitely able to the written for LLC's.

Thanks for sharing @Matthew Drouin! Awesome project!

@Jacob Thorp - Have you spoken to CNB or Upstate Bank?  I currently have multiple properties valued between $50-100K under portfolio mortgages with CNB.  I haven't worked with Upstate but I have spoken to them and have been told that they would do the same.