Converting properties to multi-family is considered extensive rehab and those programs are a little more exclusive than the standard bridge loan programs. 

Quote from @Stuart Udis:Even Eric's small multi-family example seems risky. 

They were seeking secondary homes for their family that could be rented to help offset costs and didn't require an immediate or transferrable permit.

A number years ago, I went to town buying a bunch of rentals in a short period of time and I can assure you they took money from my family instead of putting money in my family pocket.

She doesn’t need local family to manage it. 

I have been renting out the first home to a family member under no official contract, but i want to establish it as an investment property.

Hey Bigger Pockets family.

For most of 2024, we saw 5-6 months of inventory in the Austin area.Here are the December 2024 for Austin and the greater metro:Here’s a chart showing the median sales price of a single-family home in the City of Austin in 2024:The median sales price for a single-family home in December 2024 was up roughly 9% from the beginning of the year.

The housing crisis saw record numbers of foreclosures of single-family homes in Maricopa County in 2010.

Hi Jeffrey,Great to see you’re looking to scale into multi-family commercial investing here in Indy!