It is usually allowable up to 6 - 12 months after the purchase. 3.Buildings are determined as commercial or residential based on the official cadastral category by the local council.4.Commercial mortgage LTV Max 60% depending on the specifics. 5.Not an issue using foreign income for affordability calculations if salary is taken into account. 6.Property valuation is conducted by a valuation company requested by the bank. 7.Residential mortgages can be up to around 80% LTV depending on affordability. 8.

Other classic selling points are increasing housing supply in a market in need of it (assuming yours also is) and bettering the community.You can also hear concerns/worries for the people most likely top show up to the zoning meeting and voice their dissent, so you can prepare counterarguments or talk them off the ledge.It's great you already have relationships with members on the council, but I would check if they have to recuse themselves from voting on the issue.

Fundamentals change neighborhood to neighborhood (i.e. appreciation potential), inventory/absorption issues may exist, rogue city council members and/or registered community organizations can make neighborhoods less appealing with little oversight which impacts value and marketability.

One of the project neighbors slowed the project by 6 months by appealing the staff decision through design review, planning and zoning and city council.

@Christian Gibbs a lot depends on what the attendence at town council is about, are they specifically representing you and your property to town boards?

Hello all!
Our team has been wholesaling for a few years in a few states across the Midwest and the South, we stepped into the NE/IA market a few months ago and have been landing deals that have kept our current inve...

An Ordinance passed by the Cleveland City Council violated the Ohio State Constitution and bill of rights. 

You may only need to do a metes and bounds description of the new parcels and avoid a plat process and avoid getting council approval.

The council person for Madison's district right now is quite supportive of rezoning.

Recently, NYC Council has passed a bill, the F.A.R.E. act,  that shifts the brokers fee to who ever hired the broker (Usually the landlord).