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Updated over 2 years ago,
Has anybody dealt with converting a SFH back to a MFH
There is a SFH that was converted from a MFH that I'd like to convert back to a MFH.
Has anyone dealt with this before? Any tips? Do you comp the SFH as a SFH to buy but analyze the deal as a MFH for buy and hold? I'd assume so. I think it appraises higher as a MFH but I'd of course buy it at the SFH rate. I'm more concerned about any gotchas that I may not be thinking about.
Any information is valuable.
Thanks and regards,
Adrian