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Updated about 1 year ago,
Converting one family to two family
Hello all,
Im looking into getting my first property within Queens/long island. I’ve found for my current situation and target market that two family homes are quite expensive. I’ve find it difficult to come across properties that cash flow well or even meet 1% rule. I’m looking into single family homes that meet ease of transition to two family for increase rental income. I’ve been informed that I should speak to an expeditor or architect to find the likelyhood of the properties I’m interested in being able to be converted.
Does any one find cons to this strategy?
P.S- Any local expeditors please reach to me.