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All Forum Posts by: Tony Pastore

Tony Pastore has started 5 posts and replied 7 times.

Hey Guys, 

I have a few houses now and trying to purchase more . My current accountant likes to get the max refund which Is fine but doesn’t really work for my goals. Any recommendations on accountant/real estate investors in NY state? 

Post: BRRRR Hard money lenders upstate NY

Tony PastorePosted
  • Long Island
  • Posts 11
  • Votes 5

I guess Rural was definitely the wrong word. It’s in a town and on Main Street just the town is not super populated. It’s also 10 min drive from a major tourist/resort area . 

Post: BRRRR Hard money lenders upstate NY

Tony PastorePosted
  • Long Island
  • Posts 11
  • Votes 5

I'm in the process of buying a property to BRRR in upstate NY. The area is close to a resort area but slightly rural. Has anyone come into problems finding a lender in these type of areas? I want to make sure I have a hard money lender in place before I go into contract. I also plan on using the property as a short term rental then refinancing it. Any suggestions on how to go about this is greatly appreciated. Thanks

Post: Lenders for short term rentals?

Tony PastorePosted
  • Long Island
  • Posts 11
  • Votes 5

Hey everyone, I just bought a couple of airbnb properties in December and want to purchase one more but my debt to income ratio is pretty low because of the acquisition of the new properties. Since the  properties are Airbnb and the one I want to purchase is a Airbnb the few conventional lenders I spoke too said I wouldn’t qualify. Does any know of other creative options to obtain a loan for a short term rental? 

I guess I could do a hard money loan if the numbers make sense. All opinions appreciated. Thanks! 

Post: Long Island investors out of state

Tony PastorePosted
  • Long Island
  • Posts 11
  • Votes 5

Hey Anyone on Long Island that invests in long term or vacation rentals out of state? Let’s connect. Looking to put a group of like minded people together to share ideas

Awesome. Thanks for the information. 

Hello, Im an real estate investor that is venturing out of state particularly Fayetteville. If anyone knows the area and could offer some tips or advice please let me know! Thanks in advance.