Mike Anderson
Pull Equity or Sell a residential to get into Commercial
13 August 2020 | 9 replies
You can certainly 1031 from residential to commercial if you conform to time constraints imposed, such as 6 months to identify the replacement.
Joe DeClue
Do you still buy a rental that has secondary egress issue?
9 August 2020 | 2 replies
What are the liability issues of having a non conforming bedroom?
Kevin Paglia
What to do with metal stairs
17 August 2020 | 6 replies
If you replace them you will need to conform to the current standards of 7-3/4 inch rise, a minimum of 10 inch tread and no open risers.
Dustin Miller
Conventional vs Commercial Loan
17 August 2020 | 5 replies
If you are taking Title personally then a conforming residential investment loan is fine.
Simon Obas
Question about purchasing with LLC
18 August 2020 | 5 replies
If you hold Title in an entity, you pretty much have to use commercial loans since you are no longer qualify for the cheaper conforming residential loans we all know and love.
Elliott Fisher
options to quit claim to llc?
25 August 2020 | 6 replies
Yes, LLC's aren't eligible for residential conforming loans so you will have to deal with commercial loans.Talk to a few qualified professionals and think this through.
Jason Givens
Chicago Market - Recent Successful 2-4 unit house hacks?
22 August 2020 | 7 replies
If you want to live for free (or close to it) in a C class or better area you will likely have to be comfortable with living in a non-conforming unit.
Wendy Hartlen
Living abroad & need financing options
23 August 2020 | 4 replies
I would suggest you stay away from hard money if you can go the conventional conforming route.
Eric Dritz
How to best structure a deal with one partner (Turnkey specific)
29 August 2020 | 3 replies
People keep trying to use conforming residential mortgages because they are cheaper and have better terms than commercial loans which a LLC must use.
Gregory Schwartz
Can deed restrictions prevent me from renting a room
27 August 2020 | 9 replies
In the event of required enforcement of these restrictions the property owner shall be required to demonstrate conformance to these restrictions."