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Can I get a commercial loan without 25% down?
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Farm homes in bucks county are beautiful. I grew up in one, and think about it everyday
My wife and I bought a house in the Poconos, close to Jim Thorpe. Lots of year round activities and very easy to get there from the city.
We also looked at Lake George (too far, not much housing stock) and parts of the shore (very summer focused, not much rest of the year) to compare against.
We landed on a community and were also looking to rent it out while we weren’t there to recover some $$. On one hand the HoA board has continuous discussions about further restrictions on STR, which we’ve kind of pushed into the background. There are very nice amenities (pool, tennis courts, lake…) and regular activities each weekend and at the holidays, which are really nice. Annual HoA is also very reasonable (~$750 pa).
Lots of New Yorkers in New Hope (and in Bucks county, generally) these days. New Hope has a pretty good arts/culture scene with access to the Delaware River for family friendly outdoor activities.
Coach
We had summer houses in the Pocono area and down the shore… I preferred the PA house… we had 9 acres in a quasi community that backed up to game land… we had ATVs, golf carts, dirt bikes, pool, pool house, a multi-tree house… it was awesome… we all still talk about how we wish we still had it (parents divorced in 2010)… that should have been carved out… 😡