Or any other expertise could be consulted to start this project ?

I do a fair amount of financial consulting; I formerly was a Series 7 registered representative.We see ourselves as asset fiduciaries more than property managers per se; I don’t need to make a killing off my clients.  

If this is a very angry person you might also consult a lawyer on your options should they threaten you personally. 

Expecting to get accurate answers to complex legal questions on a public forum so you can safe the $275 consulting fee of experienced legal counsel 10.

Hi Savannah, you should reach out to the permit and zoning offices and double check with them on this as they will be be able to consult you on what is allowed and isn't allowed.

They can provide firsthand advice and potential solutions.SummaryLegal and Financial Consultation: Get professional advice from a real estate attorney and financial advisor.Negotiation with the City and Lender: Try to negotiate terms that provide relief or feasible solutions for compliance and loan terms.Exploring Financial Options: Consider new financing, partnerships, and investment opportunities to raise the necessary capital.Community and Industry Support: Leverage the experience and advice of others in the real estate community.Each step should be carefully considered, and professional advice tailored to your friend’s specific situation is crucial.

Hey Mike, did you consult with the city before purchasing to make sure adding bedrooms would be acceptable?

I still need to consult an attorney to see what the laws are St.

So, as always, consult a Loan Officer experienced in this space to learn if one loan product will fit you better…but in many cases FHA cannot even be an option since that self-sufficiency rule exists.Why did Fannie Mae make this change?

I recommend consulting with someone experienced in this area.