Once the family members with disabilities or who are sixty-two (62) years of age or older, or any other family member, no longer reside(s) in the premises on a permanent basis, or the title is transferred, the property owner shall notify the zoning official in writing, and the accessory family dwelling unit shall no longer be permitted, unless there is a subsequent, valid application.As you can see, it's really all up to the zoning department of that city or town, and my guess is that if your proposed use doesn't meet the above, they will not approve it.It doesn't really sound like they're talking about an entirely separate structure, so if that's true then the question about getting bank financing for such construction would be moot, but it's possible I'm reading the above wrong.As far as whether you can build on the empty small lot in general, you'd want to look up the zone of the lot on the assessor page and then look up the Permitted Uses section of the Cranston zoning ordinance to see what can be built there and Zoning Districts Designated to see if your lot meets the minimum lot size to build something.

I've started a few small businesses on my own, purchased a building on a master lease/purchase arrangement but I'm most concerned about raising funds for a purchase and establishing a network of equity funders who are open to investing in syndicating deals - not just for the first one, but on subsequent deals.

Now lesson learned: always check public records to ensure all needed signatures are present on the contract and subsequent closing.

Watching the new construction and subsequent rental availability is definitely something to keep an eye on.Best of luck with investing!

It is possible to use your VA loan on a subsequent acquisition if you have any remaining entitlement.

Subsequently, my husband and I decided that investing may be something that we would start to investigate and had told him so, but also that we are due diligence people and don't just jump out and make decisions with tens of thousands of dollars on the line. 3 days later we got that text.

They explained what it was and I subsequently canceled the escrow account and began making my own payments.It was actually pretty easy.

One way to structure this is to pay the commission on the sale, and get a credit equal to half that commission on each of the subsequent deals.Many agents are willing to do this, many are not.

This refinance will allow our company to receive 50% of our initial equity back as proceeds and subsequently boosting our investment returns.

This refinance will allow our company to receive 50% of our initial equity back as proceeds and subsequently boosting our investment returns.