If you’ve found that one of your rental properties has an ice dam, you should take immediate action. First, remove the snow from that area of the roof, because it will remove one of the important ingredients for the formation of an ice dam. You can use a roof rake for this, but keep in mind it may damage the roofing materials.
If water is literally flowing into the structure, you will need to deal with this immediately. Make channels through the ice dam lets the water stuck behind the dam to run off the roof. Warm up the ice working upward from the lower edge of the dam. This is absolutely only a temporary solution to prevent more water damage. You will want to make more permanent fixes for the ice dam as soon as possible.
Are You Looking for a Hard Money Loan to Flip a House Or Buy A Rental Property?
Paces Funding is a hard money lender offering hard money loans to purchase and renovate non-owner occupied residential and commercial properties throughout the Atlanta, Nashville, Florida, or the North and South Carolina metropolitan areas. Our application process for hard money loans is easy. Just fill out this very simple online form and you will be contacted shortly. Unlike other lenders, the window between applying and funding is very small. We have funded properties in as a little as one day, but typically funding hard money loans takes about seven to ten days.
Call us at 404-814-1644 or contact us online to find out whether you might qualify for this type of funding. In the meantime, check to ensure that you meet our loan criteria. Our loan amounts can be up to 65 percent of the after-repaired value of the collateral—and if you use the loan for renovation or construction, the loan amount can be based on the collateral’s improved value.