Multi-family" is 5 units or more.conventional loans are available for owner occupied single family-"attached" dwellings, 2 to 4 units.The issue will always be finding comps of recent sales of SFD attached for loan purposes, if you have comps you can get the loan, the better the comps, the higher the LTV can be. :)

The only way I’m coping is trying not to dwell on it too much, but right now it’s hard not to.

Rehabbing a multi-dwelling has some major differences than a single family.

I always thought hazard insurance for a 1-4 unit property that you live in is called a "homeowner's" policy and hazard insurance for a 1-4 unit property that is a rental is called a "fire and dwelling" policy. 

So the personal residence portion is $400K if the three dwellings are of equal value, and the investment portion is $800K.

I'm considering the hard money lending business for single family residential homes. 1) I will not own the "dwelling" or residence 2) The buyer/borrower will not be residing in the residence supported by an occupancy affidavit in the loan package stating the home will not be non-owner occupied, notarized 3) The money I lend will be secured by the dwelling/property and I will be in 1st position on the lien.

I just went to the counties website and saw this "If you demolish a residential dwelling you may be entitled to a waiver of the impact taxes if you rebuild a residential dwelling on the same site.

To determine your basis for depreciation, you first allocate a portion of the purchase price to the land, and the balance to the dwelling structure.  

It is normally done on a condo unit owner policy (type of homeowners policy) or a dwelling fire policy (used for rented units).  

., are structural components of the dwelling structure and would be added to your cost basis and depreciated on the same 27.5 year schedule as the building.