All Forum Posts by: Gary Kline

I think things will be very tight for you.... i suggest saving up some more before making a move.... sellers tend to be negotiable in the fall/winter in this area too.

Good Luck!

Check out Chemung Canal Bank.... Lenora Phillips.... they have a 15 year fixed "no closing cost" loan for investors 1-4 family qualify.  I just did one for 5%.  The no closing costs is key... you need to keep the loan for 3 years... if you payoff in the first 3 years they recoup the closing costs.

Good Luck!

Land in Windsor, NY is not what it once was.  When the Natural Gas Boom was happening in PA people thought NY would follow suit... it has not and probably will not until a Republican is elected in NYS.

Binghamton is a unique investing environment.... I have been here 30 years closing transactions for buyers and sellers.... look me up and give me a call and we can discuss.

Meetings are at the Spot Restaurant .... message Chris Stanis and he can fill you in.

Nice to utilize an affiliate of the GBAR.  I am on the Affiliate Counsel ..... I am a real estate attorney in Binghamton... good luck!

You need someone to write up the offer/contract for you.   A Realtor is familiar with the forms and so are most real estate attorneys.

I can provide my thoughts on property management.  call me at my office please.

Binghamton to Syracuse is about 1 hour 20 minutes

It is a NYS requirement not a Binghamton requirement.  Cost should be round $1,500 or so but it depends on whether there are multiple members or a single member.... there are Dept. of State costs, publication costs as well as legal fees assisting clients through the process with the Articles of Organization, Operating Agreement, Federal ID #, Publication, etc....