Borrowers will need to provide Articles of Incorporation and breakdown of ownership. - Closing duration of multi plex mortgage loans is typically 45-60 days and more complex transactions can take up to 90.

check with your insurance agent.. also federal law dictates that when your owner occupying your 1 to 4 unit you don't have to follow the normal fair housing laws.. you can pick and choose who you want to live in the units .. now some cities or states may have overriding rules regarding this.. but federal law is clear.. on owner occ 1 to 4.. your exempt from fair housing.so you can have a dog and you could restrict dogs for others.there is a well known list of aggressive breeds that insurance companies wont insure.. this is easy information to get.

@Steven Hamilton II hi Steven,Is this related to same topic or a seperate tax law to the 750 hour Real Estate Professional benefit (in my case something to consider for spouse in future) tnk you. https://www.claconnect.com/resources/articles/2019/irs-safe-harbor-on-section-199a-impacts-tax-filing-for-rental-real-estate

(Sales price minus selling costs minus purchase price.) plus maybe 10% in state taxes. 

Hey Nichole - Check out this BP article that goes hand in hand with what you're reading.

It won't matter but if it would ease your nerves (and you are in one of the states we do closings in) I'm happy to pull your title and let you know if you are clear.  

This is specifically stated in the lease. 

She lives outside of Charleston SC and wants something more local so that is why I started looking there and realized that there are many apartment buildings for sale in those states that look to be decent deals... at least much better deals than in NE. 

Where (in which state) is the townhouse located?

In some states, a real estate license is required to originate private money business purpose loans.