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14 February 2025 | 15 replies
My goal is to convert at least 1/4 of the units in a multifamily I buy into medium term furnished rentals (gradually) to bring in more cash flow.
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5 February 2025 | 6 replies
We bought a single family up here last year and converted a garage to an ADU, which rented out really quickly to a great young couple.
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24 January 2025 | 12 replies
I've done a few deals where the bank offered purchase + rehab funding up to 75% ARV, and then it converts automatically to a normal mortgage loan at the end of the rehab.
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6 February 2025 | 7 replies
If they don't, the document says their consequence is that they will automatically convert to a month-to-month rental on [DATE] with a 25% increase to their rent.
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28 January 2025 | 71 replies
I am actually thinking of converting it to an Airbnb rental.
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4 February 2025 | 9 replies
True, converting a personal Schedule E to a partnership will indeed reduce your IRS audit chances, statistically speaking.
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24 January 2025 | 10 replies
Nice idea, but if you can convert it to gas/propane, I would do that.
7 February 2025 | 5 replies
While you don’t have to decide this instant (you could always convert later) it’s good to have an idea of the market differences between mf and condos.
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26 January 2025 | 4 replies
He mentioned looking into FHA loans and after some research I see that you need to live in the home for 12 months before converting it into a rental property.
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23 January 2025 | 8 replies
Converting properties to multi-family is considered extensive rehab and those programs are a little more exclusive than the standard bridge loan programs.