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6 June 2019 | 5 replies
I don’t think this building has that because of the year it was built, I think is going to be expensive because the common wall has stairs on each side and we will have to tear everything to make the wall wider, my question is since this was originally a duplex and then they converted to single family eliminating one kitchen, should I just seal the doors on that wall and build the second kitchen?
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4 September 2019 | 9 replies
Mobile homes (manufactured homes) depreciate when they are not converted to real property(affixed to land and recorded at the Register of Deeds and title being surrendered) besides normal depreciation of wear and tear.
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21 September 2020 | 9 replies
Example: Bank 1 gives you a construction loan and requires 15% down based on PURCHASE price and 1% origination on loaned $$$ BUT requires you to refi at the end of the project and pay another 1% on loaned $$$.Example: Bank 2 gives you a construction loan which converts into a 5/1 ARM and requires 15% down (rolled into the loan) on finished project cost including your cash out $$$ and charge a 1-2% origination.
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5 July 2019 | 2 replies
Does anyone know of an app that converts MLS listings from a portal (supplied through Real Estate Broker) to an Excel spreadsheet?
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1 July 2019 | 10 replies
When we converted them to rentals in 2011, we lost money each year on the SFH for about 4 years before the rents rose enough to make a little bit.
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10 June 2019 | 2 replies
I hope that makes sense.Would this be something that could be legally converted into a 3 family?
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10 June 2019 | 0 replies
Hello,I am looking to convert a 2 family with a bonus 3rd level unit to a legal 3 family in a zone that permits 3 families.
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10 June 2019 | 0 replies
Convert to condo and sell.
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11 June 2019 | 4 replies
We are looking for a fixer 1500-200 sq ft (Ill be doing a large portion of the rehab myself excluding electric/plumbing) that we could turn into 2 separate units by adding a second small kitchen and potentially extra bathroom, and renting out the second unit, along with converting a detached garage into a vacation rental we would self manage, while staying in the first unit for the first year to fit the FHA loan.My questions are for the lawyers and contractors in the area:1.
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21 June 2019 | 28 replies
.* Some HELOCs can be converted into fixed-rate loans when a drawdown is taken.