All Forum Posts by: Nick G.

Hi Everyone, I am looking for a place to get a quote for private flood insurance in NY. Can anyone recommend a source? Thanks

If anyone has recommendations for private flood insurance in NY please PM me, thanks!

Tone Church sounds like you made out better than expected on this, congrats. Do you mind passing on some info on who you used for insurance? I am about to go into contract on a property in Westchester County NY that falls into the same scenario.

@John Hickey Thanks!

John Hickey Was going through this post and might need a tank guy, could you provide your contact? Thanks

@Jose Bernard Great job, did you find tenants yet?  What is the rent range per unit?

Is it confirmed that the Heloc deduction will also be removed?

Hi BP,

Has anyone purchased a house with an existing spill violation for an underground oil tank?

I have a potential house with an underground oil tank that was previously tested and failed by a potential buyer. That buyer backed out but the spill is reported to the DEC. 

So now the house is flagged with a failing tank and the seller does not have the money to remediate. The cost of removing the tank does not concern me, but the potential of the spill spreading into nearby water tables does. 

I know there is a big risk associated, but with a big enough discount is it still worth pursuing? Has anyone structured a deal like this?

@Nick Coonis no problem. Congrats, that some nice equity to have after the build!

@Nick Coonis what did your first build actually appraise at?