My goal is to buy my first property by then end of the year, credit permitting.  

Has the basement been permitted as a living space.

I'd like to know more about financing, permitting, and timelines.Thanks for your support!

ForeclosureA seven-year waiting period is required, and is measured from the completion date of the foreclosure action as reported on the credit report or other foreclosure documents provided by the borrower.Exceptions for Extenuating CircumstancesA three-year waiting period is permitted if extenuating circumstances can be documented, and is measured from the completion date of the foreclosure action.

Prior owner two owners back turned it into a triplex without permits and now I get to make it all legit.

I have not found any entity (HOA, permit office etc.) who would accept a DIY plot line (after all imagine, if all your neighbors could submit their own version of plot lines). 

Land, design, permits can always be used as an equity position on your con loan.

no mechanical experience in Baltimore City as far as permits? 

Does filing a change of use permit change either of the two questions above?

Also, check and see if there were permits pulled to turn the garage into living space.