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Updated almost 2 years ago,
Transitioning from buying a Single Unit properties( SF, Condo, etc.) to Multifamily
Hi, I hope you're doing well.
I am planning on purchasing a single-unit property either a Condo, Single Family or Townhouse as an Investment Property.
Questions:
1. I wanted to know when it comes to financing with a bank, If I have want to purchase a Multifamily as my next property as a primary residence to house hack, will the bank give me any difficulties because of the transition from one property type to another?
2. And if so, what are some available options in terms of more flexible financing terms to transition from a Single unit to a Multi-unit or Multifamily property?
Thank you,