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Updated about 7 years ago,
Convert 5 units to 4 units
Hey everyone. I found a property that is five units, but the seller is renovating one of the units and the listing says that it could be converted to a laundry room instead. This would be the only way I could get the property because I will be using a VA or FHA loan. The problem is that I have no idea how this would be properly documented and verified. I also have no idea what authorities would sign off, nor which parties would need to take what actions in order to go through the process.
Can anyone shine some light on the situation?
Thanks!
P.S. Bonus points if you can offer guidance on how to go back to five units... legally, of course.