All Forum Posts by: Gadde Saikumar

@Preston Dean Yes, they do sell these for investors. 

Hi,

I am planning to buy a house from Lennar (Ones which have in-law unit) as an investment property. Can I rent it out for two tenants? I know the utilities will be same. Renting out to a single tenant would give me a 1000$ difference to when I can rent it out to two tenants. Any suggestions are very much appreciated. 

Hi, We have lived in our primary residence for 7 months and we would like to rent it out and move to a different place. Because of the commute (Currently 2 hours). Will there be any legal issues from the mortagage lender ? 

Hi, I tried to buy a huge single level single family home which has a floor plan where it can be converted into two units very easily. A small wall and a new kitchen. But I couldn't get that deal. Now I am looking at equally bigger house but on two levels and 100k less. The only addition I need to do is add a new kitchen and reroute steps. 2 bed 1 bath on the ground floor and 3 bed 2 bath on the top floor. Apart from the permissions, Do I need to consider something else ? I am looking in SF bay area. 

When I call the county, they say that I need to send a proposal by architect in order judge whether it can be done. But for that, I need to purchase the property. I am a bit confused on what to do. Really appreciate your feedback, help.