I’m a residential superintendent in NYC which requires me to live on-site so, from my understating I don’t think I will qualify for a FHA loan on a multi-family because that requires me to live in one unit for a year.

This applies to nearly all buildings six (6) or more units in NYC or any of the Rent Stabilized localities throughout New York State.I'm NOT active in New York City (or suburbs) any longer due to these guidelines or myriad other anti-landlord rules & laws; however, I can say many realtors do NOT understand what they're selling so BEWARE:  I've had realtors say the units "have preferential rents, isn't that great?"

So, under those specifications, technically, if you lived in both sides of a duplex for two years each within the past  five years, then they would both qualify as residential use (or mixed use if you also rented them out during other years).

I have a duplex in Rosewood, Columbia SC and I spoke with the City of Columbia zoning to ask if I can add an additional unit to the property. They said that my parcel of land can hold a max of 3 units so I can either ...

So here’s MY rule in real estate investing, I invest mostly in commercial property, and when I invest in residential it’s when the other party is also an investor.  

An argument can be made that it changes the dynamic of a residential neighborhood.

I own a residential real estate portfolio in Florida valued at $1,500,000 that I was going to sell to an investor with a quick turnaround and use that for the downpayment.

Are you seeing more opportunities in residential, commercial, or alternative asset classes, and how are you adapting to these changes?

-a reletting charge of 85% of a month’s rent is payable by the departing Tenant-Rent for all the time period till a new resident is found (either by the Landlord or by the Tenant who is approved by the Landlord), is payable by the Tenant without any exception.

Consider Future ScalabilityA fourplex is a great starter deal because it combines the benefits of multi-family while still qualifying for residential financing.