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Updated over 9 years ago,
Single Family w/ basement apartment
Hey,
I'm contemplating a property that has a two bedroom basement apartment. It is a SFH.
I wonder what are the potential issues aside from difficulty renting that might arise from having a basement apartment on a property zoned SFH?
Would a lender include the rent coming from the basement as income if I have two years of landlord experience?
Also, this property is on a busy street but in a very desirable part of town. I would love thoughts on this.
I would plan on living in the main part of the house which is a 3/2. Sort of separate entrances as you must enter into the property and then there are two doors going either way once you are in.
Thanks for your time and comments.