It can be converted back to a duplex and that is the normal for that area.

Proof of funds can be any liquid asset account in your name that can be readily converted to cash prior to settlement.

You cannot do what you are asking to do.You could convert your IRA to a self directed IRA with one of the companies mentioned above or one of many others.

trespassing...also could be bait and switch laws if you convert that lead to something else...should be fraud too.

I purchased it (short sale) and renovated it (convert to SFH) for $800k, with a total cash outlay of about $400k.

If a real estate attorney does not like that verbiage perhaps you can call it a "hold fee" and if the tenant does comply with the lease terms the "hold fee is converted to the security deposit."

Commercial is a different can of worms.With the recession there have been some serious casualties and a few with residential landlords who converted to comercial.

Will - No problem . . . we need to convert you from techtard to technerd.

Property is a 2 flat total of 5 beds 2 baths, but has a unfinshed garden apartment below grade. after rehab rental income would be $2200 if garden unit is converted. total debt service is $900. annual rent of $26,400 -debt service $10,800=$15,600.

Property is a 2 flat total of 5 beds 2 baths, but has a unfinshed garden apartment below grade. after rehab rental income would be $2200 if garden unit is converted. total debt service is $900. annual rent of $26,400 -debt service $10,800=$15,600.