We are looking at investment properties in Brooklyn, and found one we liked and want to add an additional floor (two stories as of now, would go to three), but the zoning is M1-2, which is commercial.  90% of surround...

If existing houses are cheap relative to land and constructions costs, and supply is high, it may not be worth developing even if the agency says "do whatever you want".

Other options include partnering with someone with better credit, negotiating seller financing, or leveraging existing property as collateral.

You'll find a ton of kind, supportive, and helpful people here.Are your existing 7 properties currently in Chicago? 

They need to do all their due diligence including understanding the value that will be added by the ADU, the finance options available, the consequences of adding the ADU (rent control, property taxes, rental limitations, etc), etc.Good luck As with all things, it depends on the investor and the equity.If they are able to leverage existing equity to buy it under a HEL or HELOC, then they are adding equity with no out of pocket expenses, and adding immediate and longterm cashflow to existing stock.We like ADU's because there isn't more land being created in our city that is landlocked...but there is more density available to those with large lot under-utilized sfh.In my market, it typically costs $2 to add less than $1 of value on single build ADUs.  

Living, but either way you could try speaking with existing owner/operators groups in the greater bay area, or even central coast, looking to expand their portfolios for a joint venture.  

*Short sales don't exist today. 2016?

Cancelling an existing full or partial reservation to book outside of Vrbo.

Hi I hope you all are doing wellI am looking to invest around the Lindell Bvld area but looking at the crime map it seems like it's not safe and looking at rentals there are too many rentals available leading to a saturated market.

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