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Updated over 7 years ago on . Most recent reply

Francisco Hernandez's profile image
Francisco Hernandez's profile image
Francisco Hernandez
  • from Sacramento, California
  • Member since Jun 16, 2017
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25
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Francisco Hernandez's profile image
Francisco Hernandez's profile image
Francisco Hernandez
  • from Sacramento, California
  • Member since Jun 16, 2017
Connect
Francisco Hernandez
  • Sacramento, CA
7
Votes |
25
Posts
Multi-Family and Apartment Investing

Residential to Commercial Property?

Francisco Hernandez
  • Sacramento, CA
Posted

Hello All,

I was wondering if there are any rules stopping me from turning a residential property (4 units) into a commercial property (6 units) after acquiring a conventional loan. The property is a fixer upper with 1br studio, 1 br apt, and 2x2br apt.  One of the 2br units is extremely large and I was thinking I could turn it into 3 units: 2x1br apt, and 1br studio.  

Thoughts?

Thanks in advance!!

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