All Forum Posts by: Ellie Narie

 But then I wouldn't be able to use the sink while it's running. I also want to install a water filter. 

 What about property management companies? Most rentals in the area are managed by various property management companies. 

I want to rent an apartment or a duplex, but most places around here have ancient appliances from 20 years ago. The only appliance I really care about is the dishwasher. I cook from scratch and I am used to having a stainless steel bosch while living with family. But it's time to get my own place, but all the apartments around have ancient dishwashers. I don't think I'll ever get used to pre-soaking and pre-rinsing dishes. 

So, can I just buy a new dishwasher and put it into an apartment I plan to rent? 

Let's say the property management company states a limit of "2 occupants per bedroom". There's a 2 bedroom apartment, and 2 adults + 2 small kids move in. Then the couple has another baby. Would they get evicted? What if they have twins? 

I am going to get a regular FHA construction loan, but the house I want to design and build will be a rooming house, possibly 9-14 bedrooms and 4-5 bathrooms. It will be no more than 3000 square feet. Will I run into trouble with fha and lenders if this is the type of house I want to build-- one that has a lot of bedrooms? Should I just make up something, like, tell the lenders that I want to have lots of kids? The county has no limit on unrelated persons occupancy. How will the appraiser appraise the house if it has a lot of bedrooms crammed into it?

I talked to a lender and he said that I can use the 203k loan to obtain land and put a manufactured home on there (and put permanent foundation on there). I've never heard of this before, I thought 203k loans were only for renovations of existing homes. Can 203k loans actually be used to build new manufactured homes and buy land to put them on, or is my lender confusing something? 

I'm just worried that, say, 10 years down the road I will owe more on the manufactured home than it would be worth. Do new manufactured homes hold up their value if they are tied to land? 

Well, I'd want to live in it for a bit, then rent it out, but I feel like if I get the manufactured home, I wouldn't be able to sell it if I needed to.

If you had your own land, and you can either: 1. Build a 600 square foot stick built house or 2. Put a brand new 1700 sqft manufactured home on permanent foundation, what would you rather do? Stick built houses appreciate better, right? Is it better to go with a 600 sqft stick built or 1700 sqft manufactured (brand new)? Assuming that we're looking at just the value, and we don't care about how big the house is. 

 Can I increase my chances if I write a letter to the bank? Do they care about various situations (family with kids, etc)?